When a VC requires key management team members to guarantee continued involvement in a business post-investment, often the VC will insist the management team sign _________.

1)	non-disclosure agreements (NDA)

2)	rights of first refusal

3)	registration rights agreements

4)	employment agreements

The document that protects a VC's right to participate in a future public offering of company stock is called a ________________.

1)	investment contract

2)	registration rights agreement

3)	employment agreement

4)	stockholders agreement

Typically, a VC will _________ after the transaction.

1)	never be heard from again

2)	ask for only electronic updates of company progress

3)	join the company board of directors

4)	insist on working full-time as an employee of the company

Kleiner Perkins is the name of a well-known ___________.

1)	criminal mastermind in the high tech industry

2)	politician who legalized private placements

3)	venture capital organization

4)	angel investor

If a startup company were about to receive venture capital funding and was having difficulty choosing between two different VC organizations, one likely scenario is ______________.

1)	many VCs could invest, but each would have its own, unique terms

2)	both of the VCs could invest under the same terms (co-investment)

3)	neither is allowed to invest

4)	only one of the VCs is allowed to invest

Javier is considering borrowing money for his small (less than $100K per year in sales), privately-held company. Which of the following is the least likely source of debt financing for Javier's company?

1)	Commercial lending

2)

Bonds

3)	Specialty leasing

4)

SBA loan

A commercial lender's primary concern is _______.

1)	helping the company exceed 50% profit margins

2)	getting paid back the loan principle plus the interest

3)	making sure the company achieves high growth

4)	taking large amounts of risk

A loan made available to a company on an as-needed basis over a specific period of time is called a ____________.

1)

bond

2)	short-term loan

3)	line of credit

4)

SBA loan

Generally, __________ are not available to smaller businesses via commercial banks (because of the extreme risk associated with the smaller business).

1)	lines of credit

2)	long-term loans

3)	short-term loans

4)

factoring

A __________ is usually associated with an international sales transaction.

1)	short-term loan

2)	long-term loan

3)	standby letter of credit

4)	line of credit