Private Equity Funds: A) Are Not the Same, but Similar to Venture Capital

question 22

Multiple Choice

Private equity funds:

• A) are not the same, but similar to venture capital
• B) are the same as venture capital
• C) require less trust in the fund's management to select appropriate projects
• D) all of these choices

---

Definitions:

Mean Age

The average age of all individuals in a particular group or set, calculated by summing their ages and dividing by the number of individuals.

Life Insurance

A contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.

First Life Insurance Plan

The initial policy introduced by an insurance company offering coverage against death, providing financial security to the policyholder's beneficiaries.

Gas Consumption

Gas consumption typically refers to the amount of fuel used by a vehicle over a given distance or time period, often measured in liters per 100 kilometers or miles per gallon.