Term Sheets Are Usually Drafted By

question 59

Multiple Choice

Term sheets are usually drafted by:

• A) the mangers of the venture seeking VC funding
• B) the VC fund seeking to fund the venture
• C) management and founders
• D) it is usually done by an third party, in order toensure the fair treatment of both parties

---

Definitions:

Proximity Switch

A device that detects the presence or absence of an object or material without physical contact, often used in industrial applications for automation.

Sound Waves

Mechanical vibrations that travel through a medium such as air, water, or solid materials, and can be heard when they reach a human or animal ear.