Business Studies · Corporate Finance
Consider the following statements regarding corporate entities: (1) Private companies can raise share capital by advertising directly to the general public. (2) Private companies can raise share capital from venture capitalists. Which of the statements given above is/are correct?
- 1Statement 1 is true and statement 2 is false
- 2Statement 1 is false and statement 2 is true✓
- 3Both statements 1 and 2 are true
- 4Both statements 1 and 2 are false
Correct answer
Statement 1 is false and statement 2 is true
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