1) The Commitment Period is: a) The first five years of the partnership when the venture partnership is allowed to make investments in new companies. b) The first seven years of the partnership when the venture partnership is allowed to make investments in new companies. c) The time period prior to when the partnership closes when the venture partnership can commit to make investments in new companies. d) B & C only e) None of the above 2) Unless extended by a vote of the limited partners the investment period plus the commitment period is normally how many years? a) 5 years b) 7 years c) 10 years d) 15 years e) None of the above