Mark Has a Brilliant Business Idea That He Intends to Explain

question 40

Multiple Choice

Mark has a brilliant business idea that he intends to explain to a venture capitalist.However,the venture capitalist agrees to invest in Mark's idea provided he prepares a report that explains the product,price,distribution,and promotion strategy.The venture capitalist also wants Mark to include an analysis of the existing competition and to clearly indicate his target customers in the report.Mark has been typically asked to prepare a _____ by the venture capitalist.

• A) letter of credit
• B) balance sheet
• C) documentary draft
• D) marketing plan

---

Definitions:

Constitutional Right

A right granted and protected by a country's constitution, often referring to those rights considered fundamental to the functioning of the society.

Counsel

A legal advisor or a lawyer providing legal advice or representation in court, often in criminal cases.

United States v. Windsor

A landmark Supreme Court case in 2013 that overturned Section 3 of the Defense of Marriage Act, advancing the rights of same-sex couples.

DOMA

The Defense of Marriage Act, legislation passed in 1996 in the United States that defined marriage as the union of one man and one woman for federal and inter-state recognition purposes.