Subjective probability is an estimate based on personal belief, experience, or knowledge of a situation

Indicate whether this statement is true or false.

Answer: TRUE

Business

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A person can be a director and an ________. Both must exercise due care in performing their duties.

Fill in the blank(s) with the appropriate word(s).

Business

Your entrepreneurial venture is a success after three years. However, you do not own even 1 percent of the company you created. How did you most likely finance the company?

A) with money borrowed from friends and relatives B) with money borrowed from a bank C) with money borrowed from an angel investor D) with a venture capitalist firm

Business