What Is the Golden Rule to Remember When It Comes

question 1

Multiple Choice

What is the golden rule to remember when it comes to pitching a business plan to an investor?

• A) The venture founder is in control.
• B) He or she who has the money rules!
• C) He or she who has the venture idea rules!
• D) None of the above

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Definitions:

Rescinded Contract

A contract that has been declared void by one or both parties, returning them to the position they were in before the contract was made.

Concealment

The act of withholding material information that one is legally or morally bound to disclose, especially in contracts or insurance.

Nondisclosure

An agreement or clause that prohibits the sharing of confidential or proprietary information.

Clerical Error

A mistake in documentation or record-keeping that is unintentional and can usually be corrected without legal implications.