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GCE Commerce 1990 Question 60

Question 60

Business Finance

Which of the following is not a means of raising capital by a promoter?

  1. A.Goodwill
  2. B.Borrowing
  3. C.Selling of shares
  4. D.Selling real assets
  5. E.Past savings
Show the answer and explanation

Answer: A (Goodwill)

Explanation

Goodwill is the value of a business's reputation; it does not by itself raise cash for a new business.