Final Exam Review Questions 100% Solved.
When hiring a third party service provider, which of these are important things to establish
before beginning any work? - answerEstablish active lines of communication
Intellectual property rights and uses (who owns the work once it is all completed)
Pri...
or pre-orders, or by offering specialized opportunities (sponsorship/naming rights/temporary
roles/limited edition items or apparel/long-term discounts).
Equity crowdfunding is a much more modern approach that allows investors to participate in
early stage opportunities, even if they are non-accredited investors.
What is an accredited investor? Who regulates that investors need to be accredited (federal
agency) in order to participate in riskier investments?
Briefly describe. List three of the ways someone would qualify as an accredited investor. -
answer✔SEC regulates.
Net worth over $1M not including primary residence.
Income of 200k or more as an individual; 300k with spouse and expectations of same income the
coming years.
Others - company worth over $5M or entity that is composed of only accredited investors.
Why might a company and investor agree to using a convertible note or SAFE agreement instead
of a priced offering for equity?
What are the benefits and risks of using these alternative investment agreements? -
answer✔Because it offers more protections and would a lot for more specific terms, allowing the
investor a more specific opportunity for future investments or returns.
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