Chuck,Marie and Tommy Are a Group of Friends Who Have

question 72

Multiple Choice

Chuck,Marie and Tommy are a group of friends who have formed a LLC to raise capital for an investment in 20 franchises of Rigby's,a new sports bar concept.Tommy will be the general partner;Chuck and Marie will be limited partners.These three are:

• A)business angels.
• B)formal venture capitalists.
• C)creditors.
• D)informal venture capitalists.

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Definitions:

Applicants

Individuals who apply or register for something, such as a job, program, or school.

Hired

The process of offering employment to a candidate or the state of being employed.

Complement

A set or quantity of something that completes or brings to perfection.

Event W

A specific occurrence or situation, often designated "W" for identification purposes in statistical or probabilistic contexts.