1. Which one of these terms applies to a public company offering new shares to the general public?
A. Rights offer
B. Initial public offering
C. Venture capital offer
D. General cash offer
2. In return for providing funds, venture capitalists generally require:
A. collateral equal in value to the funds provided.
B. first right to all of the firm's assets.
C. an equity position in the firm.
D. ownership of the entire firm.