41. In a venture capital fund placement memorandum, all of the following are part of the executive summary except: a. general partners' capital contributions b. limitation of liability c. allocation of gains and losses d. imposition of confidentiality 42. In a syndicate of venture investors, the investor who is responsible for governing the process of due diligence is: a. the primary investor b. the lead investor c. a small group of secondary investors d. none of these choices; it is a democratic process that is shared by all investors in the group 43. Which of the following is not one of the likely outcomes of the venture firm's screening process? a. seek the lead investor position b. seek a nonlead investor position c. close the capital fund d. issue a standard letter of rejection