To Avoid Misunderstandings, an Entrepreneur Soliciting Startup Money from His

Multiple Choice

To avoid misunderstandings, an entrepreneur soliciting startup money from his or her network of family members and friends should:

A) hide the risks involved in the startup venture
B) forego legal documentation because a verbal agreement is sufficient
C) find out whether or not the family member or friend can afford to lose the money he or she wants to invest
D) not bother providing a copy of a business plan or other marketing materials