A disadvantage of using friends and relatives as investors is:
A) they tend to demand more stock options.
B) familial seniority often conflicts with the "chain of command."
C) they require more leniency with benefits and pay.
D) unrealistic expectations or misunderstood risks destroy friendships or family relationships.
Correct Answer:
Verified
Q4: The largest single source of external equity
Q5: _ is any form of wealth used
Q6: Private investors,or "angels," are often:
A)wealthy individuals.
B)entrepreneurs.
C)persons who
Q7: The credit crunch has hit those entrepreneurs
Q8: _ capital is the pool of temporary
Q10: The money Bert uses to build inventory
Q11: Private "angel" investors tend to:
A)take 80% ownership
Q12: "Angels":
A)are hard investors to please.Nearly 70% are
Q13: When looking for an angel,the key is:
A)networking.
B)using
Q14: Most "angel" investments:
A)are for growth or fixed
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