Multiple Choice
Chuck,Marie and Tommy are a group of friends who have formed a LLC to raise capital for an investment in 20 franchises of Rigby's,a new sports bar concept.Tommy will be the general partner;Chuck and Marie will be limited partners.These three are:
A) business angels.
B) formal venture capitalists.
C) creditors.
D) informal venture capitalists.
Correct Answer:
Verified
Correct Answer:
Verified
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