Asked by Praneeth Ganedi on Apr 25, 2024
Verified
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.
Verified Answer
MC
Marquasia Curruth8 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.
Learning Objectives
- Grasp the concept of crowdfunding and its legal framework.
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