Question
From the textbook New venture creation entrepreneurship for 21st century in the case from Chapter 16 (Bank Documents: the devil is in the details case
From the textbook "New venture creation entrepreneurship for 21st century" in the case from Chapter 16 (Bank Documents: "the devil is in the details case study") can you help me with the best solutions to this questions from the case?
1. Outline the transactions. Include the flow of funds among the individuals and the corporations.
2. What specific risks was the bank trying to protect itself against? Which specific terms were intended to provide the protection?
3. What do subordination and personal guarantee mean to the respective parties?
4. What in the numbers indicate why the bank took the position it did?
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