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Q:

As per the information given in the passage, out of the following options which option does best explain the term “angel investor”?

  • 1
    Angel investors are those who don’t look for the low risk investment that might yield a more reliable return, because those start-ups fail too.
  • 2
    Angel investors are those who own shares in the business, not revenue, and not profits
  • 3
    An angel investor is an affluent individual who provides capital for a business start-up.
  • 4
    Angel investors are often retired entrepreneurs or executives, who may be interested in angel investing for reasons that go beyond pure monetary return.
  • 5
    None of the above
  • Show Answer
  • Workspace

Answer : 3. "An angel investor is an affluent individual who provides capital for a business start-up."

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