Trade credit involves:
A) no explicit obligation or expectation, on the part of the investors, to be repaid their investment.
B) purchasing supplies or equipment through financing made available by vendors.
C) pledging some assets-such as a home, real estate, machinery, and plant-as collateral.
D) guaranteeing a portion of the loan to partners that include private lenders, microlending institutions, and community development organizations.
E) business plan competitions hosted by colleges and universities or small business associations.
Correct Answer:
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