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Briefly Discuss the Positive and Negative Aspects of Crowdfunding and How

question 29

Essay

Briefly discuss the positive and negative aspects of crowdfunding and how it can assist a small venture seeking startup capital.


Definitions:

Life Insurance Policy

A contract between an individual and an insurance company, where the insurer pays a designated beneficiary a sum of money upon the death of the insured person.

Beneficiary

A person or entity entitled to receive benefits from a will, trust, insurance policy, or other legal agreements.

Divorced

The legal dissolution of a marriage by a court or other competent body.

Proceeds

The total amount of money received from a sale or transaction.

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