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quiz1-350-sample - Quiz 1(40 minutes 1 Businesses can be...

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Quiz 1 (40 minutes) . 1. Businesses can be organized as A) sole proprietorships B) partnerships C) corporations D) any of the above E) None of the above Answer: D 2. Generally, a corporation is owned by the: 3. Limited liability is an important feature of: 4. A firm's investment decision is also called the: 5. The goal of a financial manager is to: A) Maximize sales B) Maximize profits C) Maximize the value of the debt holders
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D) Maximize the value of the firm with both bond and stock holders E) None of the above Answer: E 6. Which of the following is the function of a financial market
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