1. A farmer borrows fund from a government financing institution. In turn, he uses the fund forproduction purposes. Do you consider this activity as business finance? Explain.2. A certain company is offered for sale. You expressed interest in buying the firm. A documentshowing that the company made a profit of P200,000 in the previous year was handed to you. Willyou buy the company? Explain.DEFERENCES

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Answered: 1. A farmer borrows fund from a…

1. A farmer borrows fund from a government financing institution. In turn, he uses the fund for production purposes. Do you consider this activity as business finance? Explain.

SWFT Corp Partner Estates Trusts

42nd Edition

ISBN:9780357161548

Author:Raabe

Publisher:Raabe

Chapter13: Comparative Forms Of Doing Business

Section: Chapter Questions

Problem 13DQ

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a
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