Multiple Choice
Miracle Fund (Pty) Ltd., is a venture capitalist.In exchange for providing venture capital, Miracle Fund:
A) expects the entrepreneur to pay interest to the fund.
B) receives the right to own a percentage of the entrepreneur's business.
C) takes a percentage of the annual earnings.
D) becomes a general partner of the entrepreneur.
Correct Answer:
Verified
Correct Answer:
Verified
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