The purchase of a home represents a potential liability if you need to move quickly and the home does not appreciate rapidly in value

Indicate whether the statement is true or false.

Answer: TRUE

Business

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Which of the following most accurately describes the routing function of telecommunications?

A) checking for errors and putting the communication into a standardized format B) changing coding system or speed when moving data between devices on the network C) keeping track of the status of the network D) choosing the most efficient path for a message to be sent over the Internet

Business

You founded your own firm three years ago. You initially contributed $200,000 of your own money and in return you received 3 million shares of stock. Since then, you have sold an additional 3 million shares of stock to angel investors

You are now considering raising capital from a venture capital firm. This venture capital firm would invest $6 million and would receive 3million newly issued shares in return. After the venture capitalist's investment, what percentage of the firm will you own? A) 42% B) 33% C) 25% D) 20%

Business