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23. Which of the following are accurate statements regarding Crowdfunding: I. Crowdfunding relies on unreliable behaviors such as herd behavior and anchoring. II. Used typically

23. Which of the following are accurate statements regarding Crowdfunding:

I. Crowdfunding relies on unreliable behaviors such as herd behavior and anchoring. II. Used typically in LLC or partnership situations. III. Has the advantage of not relying on geographic closeness. IV. Usually results in friends and family as participants. V. Almost always a viable product is available and ready to view in successful campaigns. a. Only I is accurate. b. I, II and V are accurate c. All are accurate. d. None are accurate. e. All are accurate except I.

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