(Answered) : 1. Each of the following is something that must occur at the time of the new venture’s FORMATION, EXCEPT A. protecting the fo

1. Each of the following is something that must occur at the time of the new venture’s FORMATION, EXCEPT

A. protecting the founders from legal liability

B. identifying the new venture as a legally separate entity

C. assigning any code or IP you have developed on your own to the ownership of the company

D. legally creating your new venture as a Florida LLC

2. A key concept to understand when you are initially allocating equity among the founders is

A. everyone must receive equal percentages of ownership initially

B. only the original founder should be awarded any equity in the startup

C. execution has greater value than