Robert wants to start an independent recording studio. In order to finance his start-up, Robert seeks help from Esther, a successful business magnate. Esther agrees to fund Robert's venture as long as she receives a 20% share of the profits made by Robert. In the given scenario, Robert receives the financial resources to start his business:
A. from a venture capital firm.
B. through crowdfunding.
C. though a commercial loan.
D. from an angel investor.
Answer: D
You might also like to view...
As a rule, only _____ risk is insurable.
A. business B. market C. pure D. credit
Kyle advertised Acme Global’s need for carpenters in a local newspaper, hoping to create a reasonable pool of qualified candidates. Kyle’s actions represent ______.
A. selection B. hiring C. recruiting D. appraising
King Corporation borrowed $75,000 during Year 2 from its bank under a short-term borrowing arrangement. The statement of cash flows for King Corporation classifies the transaction as a(n)
a. operating activity b. investing activity. c. financing activity. d. lending activity. e. exchange activity.
Employers who do not accommodate the needs of persons with disabilities must demonstrate that the accommodations would cause undue hardship
a. True b. False Indicate whether the statement is true or false