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Which type of financing refers to giving up some control of the business to raise funds?

A. owner's equity
B. equity financing
C. debt financing
D. risk financing​

1 Answer

4 votes

Answer:

The correct answer is (B)

Step-by-step explanation:

Equity financing is a way to arrange a fund, which includes surrendering some portion of the organisation since it should be imparted to the accomplices of the association who are generally the speculators. However, without the speculators, the organisation activities are probably not going to proceed. This kind of financing is utilised by elements that face hard monetary circumstances or new companies that start tasks

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