1.A venture capitalist provides seed financing

_____

A)At the "idea" stage of a new business

B)At the product development stage

C)At the time of the initial public offering

D)For long-term funding needs

2.Which of the following is false about venture capitalists?

_____

A)Venture capitalists are aggressive investors

B)Venture capitalists contribute liability financing rather than invest in equity

C)Angel venture capitalists are wealthy individuals who fund business startups

D)Most private venture capitalists are organized as limited partnerships

3.Canadian banks reduce their risk in foreign operations by

_____

A)Seeking guarantees from borrowers

B)CDIC insurance

C)Portfolio diversification

D)Insurance through the International Monetary Fund (IMF)