Which of the Following Statement Is Not Correct Regarding Business

question 3

Multiple Choice

Which of the following statement is not correct regarding business angels?

• A) Business angels invest in more startups on a yearly basis than venture capitalists.
• B) The number of angel investors has decreased dramatically over the past decade.
• C) Business angels usually take a seat on the board of directors of the firms in which they invest.
• D) Business angels are valuable because of their willingness to make relatively small investments.
• E) Business angels are difficult to find.

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Definitions:

Natural Resources

Materials or substances occurring in nature which can be exploited for economic gain, such as minerals, forests, water, and fertile land.

Dust Bowl

A period of severe dust storms in the 1930s that greatly damaged the ecology and agriculture of US and Canadian prairies.

Great Plains

A broad expanse of flat land, covered in prairie, steppe, and grassland, located in the central United States and Canada.

Chlorofluorocarbons (CFCs)

Man-made chemical compounds once used in air conditioning, refrigeration, and aerosol propellants, known to deplete the ozone layer.