ENTREPRENEURIAL FINANCE
SOURCES OF FUNDING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The business will pay less tax on its profits
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To fund expansion
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To pay for replacement equipment
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To carry out maintenance on a new piece of machinery
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To pay a deposit for a premises
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Explanation:
Detailed explanation-1: -Refundable Security Deposit is the sum payable by the Guest to cover any breakages, damages or minor repairs to the Apartment which may be incurred during the Stay.
Detailed explanation-2: -From a landlord’s perspective, the security deposit is essential for securing due performance by the tenants, of his/her obligations under the tenancy agreement. The landlord, under the agreement, has right to adjust the security deposit against any arrears of rents or other charges payable under the agreement.
There is 1 question to complete.