Multiple Choice
Chuck, Marie, and Tommy are a group of friends who have formed a limited partnership 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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