Miguel is a wealthy person who focuses on investing in new ventures.He is looking to invest money directly into a new consulting business in return for equity in the company.Miguel is an example of a(n)_____.
A)franchisor
B)stock broker
C)angel investor
D)franchisee

Question

Quizplus · Accepted Answer

An angel investor is a wealthy individual who provides financial backing for startups or entrepreneurs in exchange for ownership equity in the company. They typically invest their own money and can provide mentorship and guidance to the business. Miguel fits the description of an angel investor as he is seeking to invest directly in a new consulting business in return for equity in the company.

Miguel Is a Wealthy Person Who Focuses on Investing in New