In most industries, the major determinant of industry profitability is the level of competition among the firms already competing in the industry.
Indicate whether the statement is true or false
Question 2
A(n) ________ is a written document that deals with issues such as the relative split of the equity among the founders of the firm, how individual founders will be compensated for the cash or the sweat equity they put into the firm, and how lo
the founder will have to remain with the firm for their shares to fully vest.
A) entrepreneurs' agreement
B) creators' agreement
C) founders' agreement
D) initiators' agreement
E) originators' agreement
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