Question:What is the term sheet used for once it is agreed upon and signed? 

A It is the legally documented agreement between the venture capitalist and the target company. 
B It is used as an outline for the legal team to draw up the official legal agreement between the venture capital firm and the target company. 
C It is a guideline for future operations. 
D It is similar to a business plan for the upcoming year. 

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A 

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Md. Habib Ullah

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