Tressie’s niece wants to open a boutique household goods store. Tressie has read her business plan and is quite impressed. She is considering acting as an angel investor and giving her niece the $10,000 she needs to secure the retail space and some of the inventory for her store. What should Tressie expect in return?
a. Her niece will begin paying her back the immediately.
b. Her niece does not need to pay her back at all because it is a gift.
c. Her niece will expect regular $10,000 contributions to her business.
d. Her niece might offer her a small share of the business or pay her back slowly.