2.Term Sheet,in venture investing context, is the process of ascertaining the viability of a business plan.

Ture/False

9. Bank debt is not a realistic source of financing for start-ups due to all of the reasons except?

A. a large portion of the assets are intangible and provide no collateral

B. payables either don't yet exist or its history is inadequate

C. the start- ups dependence on a small number of irreplaceable people is not a good match demand deposits or other bank liabilities

D. receivables collection track record is incomplete

E. in the event of a default. it is not plausible for the bank to install a management team to he right the operations