. What is it called when investors are "on equal footing" in regards to distributions from a JV deal (that is, distributions are split pro rata based on the % of each investor's capital relative to the total capital in the deal)?

Group of answer choices

pari passu

modified pro rata

easy peasy lemon squeezy

None of these are correct

molon labe

10. Most private equity deals are limited to accredited investors. This makes crowdfunding attractive to those investors that are not in that category. The two primary ways in which a person (single, no spouse) qualifies as an accredited investor is either 1) net worth that exceeds(whichthe value of their primary residence) OR 2) personal income exceeding $in each of the two most recent years and a reasonable expectation of the same income level in the current year.

Group of answer choices

$1 million, excludes, $200k

$1 million, includes, $200k

$2 million, includes, $100k

$1 million, includes, $100k

$2 million, excludes, $100k

11. To help avoid potential misunderstandings in the distribution of cash flows in a IRR waterfall, it was recommended in class that you should. (Choose all correct answers, can pick more than one).

Group of answer choices

work with an appraiser experienced with this type of agreement

work with an attorney experienced with this type of agreement

None of these are correct

Include an example calculation