14. Jennifer is a member of the Board of Directors of Venus, Inc.. Her husband is the manager of a large division of it. What type of director is Jennifer?

Select one:

a. inside director

b. outside director

c. gray director

d. resident director

16. A large publishing firm specializing in college textbooks wants to expand into online delivery of its materials. In order to move this forward, it invests in a number of small start-up companies that deliver college courses online and uses these companies to start diversifying the delivery of its content. Which of the following best describes the role of the publishing firm as described above?

Select one:

a. a venture capitalist

b. a corporate investor

c. an institutional investor

d. a family investor

17. Which of the following statements is FALSE?

Select one:

a. The action of selling stock to the public for the first time is called a seasoned equity offering (SEO).

b. Public companies commonly have access to much larger amounts of capital through the public markets.

c. By going public, companies give their private equity investors the chance to diversify.

d. Two advantages of going public are more liquidity and better access to capital.