Multiple Choice
Salim,who runs a business,decides to invest in a high-technology inventor that has not developed a prototype yet.He requires about $60,000 and opts to seek an investor who adds more than money to this project.However,he realizes that the evaluation provided by this type of investor is not likely to be thorough.Which of the following does Salim consider as a potential investor for the new venture?
A) Contribution from close friends and family
B) Fund from an angel investor
C) Advance payment from customers
D) Credit line from a bank
Correct Answer:

Verified
Correct Answer:
Verified
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Q10: An employee stock ownership plan (ESOP)is a
Q11: The investigation that an investor undertakes for
Q12: The subordinated-debt capital is generally unsecured,with a
Q13: Subordinated debt often carries an equity _
Q15: The greatest source of seed and startup
Q16: The single most important criterion for selecting
Q17: Which of the following is an advantage
Q18: Which of the following industries would least
Q19: A private placement should not be offered