Asked by Praneeth Ganedi on Apr 25, 2024

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The use of the Internet or other means to raise money-typically in small amounts-from a large number of contributors to support a specific venture is called:

A) groupfunding.
B) initial public offering.
C) startup capital.
D) crowdfunding.

Crowdfunding

The practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet.

Internet

A vast network that connects computers across the world, allowing for the sharing and transmission of data and information.

  • Grasp the concept of crowdfunding and its legal framework.
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MC
Marquasia Curruth7 days ago
Final Answer :
D
Explanation :
Crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet.