{ "quiz": { "id": 1135007, "pass_fail": false, "show_explanation": false, "passing_score": null, "question_ids": [ 6493614, 6493676, 6496281 ] }, "choices": [ { "id": 22601768, "text": "

A document that venture capital firms require before deciding whether to invest in a private company.

", "credited": "NDlmYWxzZTY1", "question_id": 6493614, "position": 0 }, { "id": 22601769, "text": "

A key document required by lenders before they will make loan capital available.

", "credited": "NTFmYWxzZTM3", "question_id": 6493614, "position": 1 }, { "id": 22601937, "text": "

A document that must precede any issue of equity.

", "credited": "NzdmYWxzZTk=", "question_id": 6493614, "position": 2 }, { "id": 22601938, "text": "

A legally required document that must precede public bond or share issues.

", "credited": "ODF0cnVlMzI=", "question_id": 6493614, "position": 3 }, { "id": 22601970, "text": "

The process under which a company (typically a prospective buyer) and its advisers carry out an in-depth investigation into a variety of aspects of a company.

", "credited": "MjhmYWxzZTM2", "question_id": 6493676, "position": 0 }, { "id": 22601971, "text": "

The process of checking statements made throughout a draft company prospectus to ensure that the statements are accurate and supported by sufficient evidence.

", "credited": "MzJ0cnVlODU=", "question_id": 6493676, "position": 1 }, { "id": 22601972, "text": "

The process, in a litigation context, of reviewing thousands (sometimes hundreds of thousands) of documents to ascertain what has been going on and to try to find evidence to support the arguments being raised.

", "credited": "OTRmYWxzZTEz", "question_id": 6493676, "position": 2 }, { "id": 22601973, "text": "

The process of collating deal documents into a transaction bible once the deal has closed.

", "credited": "M2ZhbHNlNjY=", "question_id": 6493676, "position": 3 }, { "id": 22610431, "text": "

Time spent working on pro bono matters.

", "credited": "NjJmYWxzZTg=", "question_id": 6496281, "position": 0 }, { "id": 22610432, "text": "

Time spent carrying out activities that are designed to strengthen relationships with clients or potential clients in order to win new instructions from existing clients and attract new clients to the firm.

", "credited": "NXRydWU2Nw==", "question_id": 6496281, "position": 1 }, { "id": 22610433, "text": "

Time spent attending training sessions designed to support your professional development.

", "credited": "NDJmYWxzZTY5", "question_id": 6496281, "position": 2 }, { "id": 22610434, "text": "

Time spent building up comprehensive pools of internal “knowledge”, including template (or “standard form”) documents to use as the basis for drafting future documents.

", "credited": "MzdmYWxzZTQy", "question_id": 6496281, "position": 3 } ], "questions": [ { "id": 6493614, "prompt": "

What is a "prospectus"?

", "text_explanation": "

A prospectus is a legally required document that must precede bond or share issues. It advertises the issue to potential investors and contains information about the issuer’s business, the potential risks and the issuing firm’s financial circumstances, in addition to the terms and conditions of the issue.

", "quiz_id": 1135007, "position": 0, "display_type": "radio", "choice_ids": [ 22601768, 22601769, 22601937, 22601938 ] }, { "id": 6493676, "prompt": "

What is "verification"?

", "text_explanation": null, "quiz_id": 1135007, "position": 1, "display_type": "radio", "choice_ids": [ 22601970, 22601971, 22601972, 22601973 ] }, { "id": 6496281, "prompt": "

Which of the below best describes the meaning of "business development"?

", "text_explanation": null, "quiz_id": 1135007, "position": 2, "display_type": "radio", "choice_ids": [ 22610431, 22610432, 22610433, 22610434 ] } ] }