Unlike venture capitalists, angel investors tend to ________
A) invest larger amounts of money in start-ups
B) remain involved with the company for a very short time
C) focus more on local opportunities
D) be investment specialists with an extremely wide but selective approach
E) invest mostly in high-potential areas
Answer: C
Explanation: Angel investing tends to have a more local focus than venture capitalism, so you can search for angels through local business contacts and organizations.
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Creditors of a dissolved corporation are paid first after its assets are liquidated and the expenses of liquidation are paid
Indicate whether the statement is true or false
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