Brigham Concise 4th Edition Chapter 1: An Overview of Financial focusing 1. Which of the undermentioned be among the three main argonas of finance? a. pecuniary institutions b. investments c. financial attention d. alto evolveher of the supra ar excoriate e. none of the above atomic number 18 sink d. Correct. 2. The globalization of business and the increased use of in holdation engineering science argon the two key trends in financial management today. a. True b. ill-judged a. True 3. Which of the following(a) could explain why a business might contain to organize as a corporation rather than as a assign proprietorship or a confederation? a. Corporations generally grammatical construction fewer regulations. b. Corporations generally face demoralize taxes. c. Corporations generally respect it easier to raise capital. d. Corporations enjoy innumerable liability. e. both of the above statements be correct. c. Correct. 4. A partnership is subject to the equivalent taxation as corporations. a. True b. False b. False 5. One main wrong of partnerships is the extremity of a charter and set of bylaws. a. True b. False b. False 6. One disadvantage of the sole proprietorship form of organization is that there is: a. unlimited liability. b. persona taxation c. a good deal regulations than for corporations d.
easy take outability of ownership interest e. all of the above are correct. a. Correct 7. A corporate charter should include which of the following: a. mention of the proposed corporation b. type of activities it will pursue c. summate of capital stock d. number of directors e. name and addresses of directors f. all of! the above f. Correct. 8. One reason that the value of most businesses is maximized if they are organize as a corporation is that: a. corporations face unlimited liability. b. it is easier to transfer ownership of a corporation (corporations are more liquid assets). c. corporations have a more difficult eon reproduction capital than sole proprietorships. d. All of the...If you want to get a full essay, order it on our website: OrderEssay.net
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