Which of the Following Statements Is FALSE

question 99

Multiple Choice

Which of the following statements is FALSE?

• A) A venture capital firm is a limited partnership that specializes in raising money to invest in the private equity of young firms.
• B) Venture capitalists typically control about three-quarters of the seats on a startup's board of directors, and often represent the single largest voting block on the board.
• C) The initial capital that is required to start a business is usually provided by the entrepreneur and her immediate family.
• D) Individual investors who buy equity in small private firms are called angel investors.

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Definitions:

Basket Of Goods

A fixed set of consumer products and services valued on a regular basis for purposes of tracking inflation.

CPI

The Consumer Price Index measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

Every Month

Refers to occurrences or measurements that happen or are evaluated on a monthly basis.

Bureau Of Labor Statistics

A U.S. government agency responsible for collecting and analyzing data related to employment, wages, and other aspects of the workforce.