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1.   A written authorization assigning a stockholder's voting privilege to another is a    Student  Response Value Correct  Answer Feedback A.  stock sale.      B.  stock certificate.      C.  stock split.      D.  dividend  restructuring.      E. proxy.  100%       Score: 5/5    2.
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  According to the Internal Revenue Service,    Student  Response Value Correct  Answer Feedback A. profitable  partnerships  pay taxes before  distributing  profits. 0%       B.  partners report  their share of  profits as  personal  income.      C.  partners pay no  taxes.      D.  partners have  the most  advantageous  tax structure.      E.  all of the above.       Score: 0/5    3.
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  Charles has been asked to join a new partnership that is developing an office park. He  does not want to be liable for the firm's debts if the project should fail. He could still  participate as a    Student  Response Value Correct  Answer Feedback A.  general  partner.      B. limited  partner. 100%       C.  silent partner.      D.  working  partner.      E.  contributor.       Score: 5/5    4.   When companies operating at different, but related, levels of an industry merge, it is known  as a(n)    Student  Response Value Correct  Answer Feedback A. vertical  merger. 100% 
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This note was uploaded on 11/04/2010 for the course COB BUS taught by Professor John during the Spring '07 term at California Coast University.

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