Topic 1_student - Financial Management Spring 2010 Email...

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Financial Management Spring 2010 Email: [email protected]
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Exam Rules You can use the following items during all exams: A calculator that cannot send or receive any data, email, graph and etc. Organizers, PDAs or laptops are not permitted. Backup batteries recommended. Pencils, erasers and a bottle of water. No food is allowed.
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Suggestions Finance is not a difficult subject to learn if you keep up with the material daily. Do not get behind. It is your job to read the textbook. A large part of this course is vocabulary building - construct your own glossary.
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Topic 1 Overview Readings: Chap 1 (1.1-1.4)
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Legal forms of Organization Sole Proprietorship Partnership General partnership Limited partnership Corporation
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Corporations A corporation is a legal entity that can enter into contracts Shareholders own the corporation Managers run the corporation as caretakers for the shareholders The makeup of the shareholders can change without affecting the operation of the corporation
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