A fund providing resources from which individuals and groups can draw to develop new ideas, products, or businesses is referred to as a __________ fund.
A) personal
B) development
C) new-venture
D) change
E) mutual

Question

Quizplus · Accepted Answer

A fund specifically devoted to funding new ventures, which includes funding for the development of new ideas, products or businesses, is known as a new-venture fund. Choices A, B, D and E are not specific to this type of funding.

A Fund Providing Resources from Which Individuals and Groups Can