25.2k views
3 votes
Howard wants to buy a commercial building but does not have enough cash. He decides to bring in partners to help fund the equity and provide them with a return on their money.

Howard's decision to use partners is an example of what?

User Migdalia
by
7.6k points

1 Answer

2 votes

Answer:

Venture Capital

Venture capital is the type of partnership in which two or more than two firm or people invest in a project or assets that has higher tendency of returns payback.

User Aidan Gomez
by
7.9k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.