To maximize the likelihood of obtaining financing from the bank to
expand, the three brothers should form a partnership.

Name: To maximize the likelihood of obtaining financing from the bank to expand, the three brothers should form a partnership.
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Question

Quizplus · Accepted Answer

Forming a partnership does not inherently maximize the likelihood of obtaining financing from a bank. Banks consider factors like creditworthiness, business plan, and financial stability rather than the business structure alone.

To Maximize the Likelihood of Obtaining Financing from the Bank