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:

Well-being

The state of being comfortable, healthy, or happy, encompassing physical, mental, and emotional health.

Society

A group of individuals involved in persistent social interaction, or a large social grouping sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.

Globalization

The method through which companies or various entities gain global influence or begin to function at an international level, resulting in heightened interconnectivity.

Cultural Practices

Refers to the habits, rituals, and traditions specific to a community or society that reflect their values, beliefs, and way of life.