Investors Look for Which of the Following When Reviewing the Experience

question 78

Multiple Choice

Investors look for which of the following when reviewing the experience of the management team of a new venture?

• A)Assets that can be used as collateral for the loan/investment
• B)Experience,talent,and integrity
• C)Plans for keeping the management team in place
• D)A hiring strategy that has the customer clearly in focus

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Definitions:

Fraud

The intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right.

Immigrant

A person who moves to a country other than their own for the purpose of permanent residence.

Void

Describes a contract or legal agreement that has no legal force or effect and is unenforceable.

Mistake

An error about some aspect of a contract that destroys consensus.