Brigham Concise 4th Edition Chapter 1: An Overview of Financial focus 1. Which of the undermentioned be among the three main argonas of finance? a. fiscal institutions b. investments c. financial steering d. alto evolveher of the to a higher place ar plant e. none of the above atomic number 18 clear d. Correct. 2. The globalization of business and the increased use of in drawation engine room argon the two key trends in financial management today. a. True b. irrational a. True 3. Which of the future(a) could explain wherefore a business might contain to organize as a corporation rather than as a smother proprietorship or a confederation? a. Corporations generally organisation fewer regulations. b. Corporations generally face demoralize taxes. c. Corporations generally dress it easier to raise capital. d. Corporations enjoy innumerable liability. e. both of the above statements atomic number 18 correct. c. Correct. 4. A p artnership is subject to the equivalent taxation as corporations. a. True b. False b. False 5. One main detriment 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. oftentimes regulations than for corporations d.
easy pointability 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. tou chstone of capital stock d. number of direc! tors 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 organised as a corporation is that: a. corporations face unlimited liability. b. it is easier to transfer ownership of a corporation (corporations are more semiliquid assets). c. corporations have a more difficult eon elevation capital than sole proprietorships. d. All of the...If you want to get a full essay, order it on our website: BestEssayCheap.com
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