1. Explain the use of Common Stock, Preferred stock, Convertible Preferred Stock and Participating Preferred Stock in a VC/Start-up financing setting. Describe the advantages and disadvantages of each type of contract by VCs.

2. Banking Questions

(1) Explain the differences between Commercial and Investment banking.

(2) Describe some of the ways in which banks are regulated. Explain why banks are heavily regulated

(3) Describe the role that these institutions play in the economy.