In Order for an Angel Investor or Venture Capitalist to Exchange

question 15

Multiple Choice

In order for an angel investor or venture capitalist to exchange capital for ownership in a business that is a sole proprietorship, which of these must happen?

• A) A. The business must be re-formed as a partnership.
• B) B. The owner must give up some control.
• C) C. The owner must co-sign on all loans.
• D) Both A and B

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