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QUESTION 3 UBER has not yet relied on debt to finance its operations. Management has decided that the use of debt must wait until


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QUESTION 3 UBER has not yet relied on debt to finance its operations. Management has decided that the use of debt must wait until the company is rated at least BBB by Standard & Poor's. True False QUESTION 4 If a 1x liquidation preference is included in the term sheet the Venture Capitalist will never be able to realize a gain on its investment but will be protected from a loss. True False QUESTION S Google has an agreement with UBER to provide mapping services, Google is not permitted to offer mapping services to LYFT. It is an exclusive agreement. This places LYFT at a serve disadvantage. True False

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