Mr. Jones is a successful entrepreneur. He is currently planning a new business venture, but he doesn't have sufficient funds for the new business. Which strategies indicate that Mr. Jones is using his property rights to obtain credit?

selling his penthouse apartment in New York

issuing shares for the new company

using his family home as collateral for a loan

withdrawing money from his certificate of deposit

mortgaging his factory building

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Liana Madden

13 February, 08:59

Mr. Jones is a successful entrepreneur. He is currently planning a new business venture, but he doesn't have sufficient funds for the new business. Which strategies indicate that Mr. Jones is using his property rights to obtain credit?

selling his penthouse apartment in New York

issuing shares for the new company

using his family home as collateral for a loan

withdrawing money from his certificate of deposit

mortgaging his factory building

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Rosemary Roth · Answer 1

The answer to the given question above would be the last option. Since Mr. Jones is a successful entrepreneur and doesn't have sufficient funds for the new business that he is planning to venture, the strategy that indicate that Mr. Jones is using his property rights to obtain credit is mortgaging his factory building.