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dlpb10h.00.Ch06.17 Usually Select square financing would be used to purchase the land that a business is built on. Select venture capital long-term short-term
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The correct answer is long-term financing.Long-term financing is typically used to purchase land or other significant assets that a business is built on. This type of financing provides the necessary funds for a longer duration, allowing the business to make a substantial investment in the land and infrastructure.Venture capital is a form of long-term financing, but it is more commonly associated with startups and early-stage companies seeking investment for growth and expansion. Short-term financing, on the other hand, is generally used for immediate or short-term needs, such as working capital or temporary cash flow issues, and would not be suitable for purchasing land.Therefore, the correct answer is long-term financing.