Practice Quiz

In: Business and Management

Submitted By renaetj3
Words 463
Pages 2
| Multiple Choice Question 42 | | Your answer is correct. | | |
Which of the following business organizational forms subjects the owner(s) to unlimited liability? | a) sole proprietorship | | b) partnership | | c) corporation | | d) a and b | | | |

Multiple Choice Question 44 | | Your answer is correct. | | |
Which of the following business organizational forms is easiest to raise capital?

| a) sole proprietorship |

| b) partnership |

| c) corporation |

| d) a and b |
Multiple Choice Question 50 | | Your answer is correct. | | |
Which organizational form best enables the owners of the firm to monitor the actions of other owners of the same firm?

| private corporation |

| sole proprietorship |

| partnership |

| public corporation |

Multiple Choice Question 81 | | Your answer is correct. | | |
Which of the following factors or activities can be controlled by the management of the firm?

| Stock market conditions. |

| Capital budgeting. |

| The level of economic activity. |

| The level of interest rates. |
Multiple Choice Question 82 | | Your answer is correct. | | |
The legal system and market forces impose substantial costs on individuals and institutions that engage in unethical behavior. Which of the following would not be an example of the above?

| Agency conflicts. |

| Jail time. |

| Financial losses. |

| Legal fines. |
Multiple Choice Question 48 | | * Your answer is correct. | | |
The most common reason that corporate firms use the futures and options markets is

| to make deposits. |

| none of these. |

| to hedge risk. |

| to take risk. | | |
Multiple Choice Question 55 | | Your answer is correct. | | |
Galan Associates prepared its…...

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