To which of the following is an entrepreneur likely referring when using the term "angel" in reference to an investment plan?
a. An investment banker
b. A venture capitalist
c. Lenders of last resort who provide needed funds once it appears that an entrepreneur who has started a company is in financial trouble
d. Family, friends, and wealthy individual investors to whom the entrepreneur first turns to seek funds
d
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______ states that our actions must be dependent on the nature of the situation.
A. Outside the box thinking B. Contingency thinking C. Reciprocal thinking D. Positive thinking
The point of surveying people is to collect primary data
Indicate whether the statement is true or false
Bailments for the bailee's sole benefit are usually limited to the gratuitous loan of personal property for use by the bailee
a. True b. False Indicate whether the statement is true or false
Which of the following is evidence of fiscal independence for the purpose of considering whether one legally separate organization is a component unit of another?
A. The potential component unit sets user charges with the approval of the primary government. B. The potential component unit names its board of directors without the approval of the primary government. C. The potential component unit raises its own taxes without the approval of the primary government. D. The potential component unit is precluded from issuing long-term debt.