A liquidity event accomplishes which of the following purposes? ...

[jenna1]

A liquidity event accomplishes which of the following purposes?
 
  A) Provides a business sufficient funding to operate for up to a year without raising additional funding.
  B) Provides the founders of a firm a salary.
  C) Converts some or all of a company's stock to cash.
  D) Allows the founders of a firm to sell stock to the public.
  E) Allows a business to liquidate in an ethical and cost-effective manner.

Question 2

The majority of entrepreneurial firms first enter foreign markets as exporters.
 
  Indicate whether the statement is true or false

[kiamars2010]

Answer to Question 1

C

Answer to Question 2

TRUE

[jenna1]

TYSM

[apple]

Excellent