As a venture founder, which of the following is one thing you must do?

a. Always allow others to make venture decisions
b. Do not promise stock to anyone other than a rock-solid core venture team member
c. Always promise stock to anyone who helps you with your venture
d. Hire the cheapest team members


b. Do not promise stock to anyone other than a rock-solid core venture team member

Business

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Common law arises when:

A. courts are called upon to resolve disputes for which there is no statute or other source of law establishing a rule. B. constitutional statutes are found to interfere with the freedom of expression. C. the government wishes to encourage certain kinds of investments. D. there are statutes and other sources of law establishing a particular rule and the courts decide to improvise this existing statutory law.

Business

State Bank offers to lend money to Rodeo Promotions, Inc., at 15 percent interest. Before Rodeo accepts, a statute is enacted prohibiting loans at interest rates greater than 12 percent. Rodeo and the bank have

A. have a contract for a loan at 15 percent interest. B. have a contract for a loan at 12 percent interest. C. have a contract for a loan at 0 percent interest. D. no contract for a loan.

Business

Making an outline of the presentation is optional

a. True b. False Indicate whether the statement is true or false

Business

Which of the following statements isĀ false?

A. Prepaid insurance indicates that a company has already paid cash for insurance coverage that protects the company for some future time period. B. Prepaid insurance represents a future economic benefit. C. Prepaid insurance is a liability reported on the balance sheet. D. Prepaid insurance is a deferred expense.

Business