What Is the Advantage of Hiring a Local Attorney for a Startup

question 13

Multiple Choice

What is the advantage of hiring a local attorney for a startup?

• A)Usually good at suing multinationals
• B)Will gladly accept equity as the fee
• C)May agree upon installment payments
• D)May substitute expensive software at the early stage
• E)Good at representing your national interests

---

Definitions:

Per Share FCFE

Free Cash Flow to Equity per share, indicating the amount of cash available to equity shareholders per share after expenses, reinvestment, and debt payments.

Required Rate of Return

The minimum annual percentage return on an investment deemed acceptable by an investor or creditor.

Per Share FCFE

Free Cash Flow to Equity per share; a measure of how much cash is available to the equity shareholders of a company on a per share basis.

Required Return

The minimum percentage return an investor expects or requires from an investment to make it worthwhile.