A Liquidity Event Accomplishes Which of the Following Purposes

question 75

Multiple Choice

A liquidity event accomplishes which of the following purposes?

• A) Provides a business sufficient funding to operate for up to a year without raising additional funding
• B) Provides the founders of a firm a salary
• C) Converts some or all of a company's stock to cash
• D) Allows the founders of a firm to sell stock to the public
• E) Allows a business to liquidate in an ethical and cost-effective manner

---

Definitions:

Taking Responsibility

The act of acknowledging one's role in a situation and accepting the consequences of one's actions, decisions, or mistakes.

Perpetuate

To cause something to continue indefinitely or for a prolonged period, often in a way that is considered undesirable.

Social Planning

The process of designing and implementing societal interventions, programs, and policies aimed at addressing social needs, improving community welfare, and fostering societal development.

Locality Development

Locality development emphasizes the involvement and empowerment of community members in the process of identifying and addressing their own needs to improve their local area.