Using Kick starter, Robert raises $10,000 to launch a new product line for his kitchen supplies business.

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Using Kick starter, Robert raises $10,000 to launch a new product line for his kitchen supplies business. The only thing Robert offers the contributors is a free apron for every $50 donation. He offers a set of kitchen knives for a $1,000 donation. This is an example of which crowd funding model?

1)	Donation-Reward Model

2)	Lending-Based Model

3)	Donation-Equity Model

4)	Equity-Based Model

Related Book For answer-question

Cost Accounting Foundations and Evolutions

ISBN: 978-1111626822

8th Edition

Authors: Michael R. Kinney, Cecily A. Raiborn

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Posted Date: Jan 03, 2021 11:35 PM

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Using Kick starter, Robert raises $10,000 to launch a new product line for his kitchen supplies business.

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ANSWER D EquityBased Model The equityBased model is a way of raising money to finance projects and b... View the full answer

Cost Accounting Foundations and Evolutions

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