Multiple Choice
A disadvantage of using friends and relatives as investors is:
A) they tend to demand more stock options.
B) familial seniority often conflicts with the "chain of command."
C) they require more leniency with benefits and pay.
D) unrealistic expectations or misunderstood risks destroy friendships or family relationships.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: A _ agreement prevents the sale of
Q13: Most of the start-up businesses that attract
Q14: The "wait to go effective" is the
Q15: Probably the biggest disadvantage of "going public"
Q16: A lock-up agreement:<br>A)prevents the sale of "insider"
Q18: In an IPO,the letter of intent outlines
Q19: "Angels" usually prefer to invest in businesses
Q20: The angel market is:<br>A)fragmented.<br>B)concentrated.<br>C)formalized.<br>D)centralized.
Q21: To begin an offering,the entrepreneur and the
Q22: In a firm commitment agreement,the underwriter agrees