In Order for an Angel Investor or Venture Capitalist to Exchange

question 17

Multiple Choice

In order for an angel investor or venture capitalist to exchange capital for ownership in a business that is a sole proprietorship, which of these must happen?

• A) The business must be re-formed as a partnership.
• B) The owner must give up some control.
• C) The owner must co sign on all loans.
• D) The business must be re-formed as a partnership and the owner must give up some control.

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Definitions:

Globalization

The process of interaction and integration among people, companies, and governments worldwide, largely fueled by international trade and investment and aided by information technology.

Blue-Collar Workers

Employees who perform manual labor, often in industries like manufacturing, construction, and maintenance, typically requiring physical work.

Overseas Workers

are individuals who are employed in a country other than their native country, often sending remittances back to their families in their home countries.

Resource Mobilization

The process of securing and managing resources (financial, human, informational, and other) for the purpose of achieving specific goals and objectives, often used in the context of social movements and nonprofit organizations.