Multiple Choice
Gerrie, Lethabo and Arnav are a group of friends who have formed a company to raise capital for an investment in 20 franchises of Bennie's, a new sports bar concept.Arnav will be the general partner; Gerrie and Lethabo 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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