Which of the following statements is FALSE? A venture capital firm is a limited partnership that specializes in raising money to invest in the private equity of young firms. Venture capitalists typically control all of the seats on a start-up's board of directors, and often represent the single largest voting block on the board. The initial capital that is required to start a business is usually provided by the entrepreneur herself and her immediate family. Individual investors who buy equity in small private firms are called angel investors.

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.