{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Exam1SP08R - Exam1SP08 Chapter 1 1 Which of the following...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Exam1SP08 Chapter 1 ____ 1. Which of the following statements is CORRECT? a. One advantage of forming a corporation is that equity investors are usually exposed to less liability than in a partnership. b. Corporations face fewer regulations than sole proprietorships. c. One disadvantage of operating a business as a sole proprietor is that the firm is subject to double taxation, at both the firm level and the owner level. d. It is generally less expensive to form a proprietorship than a corporation because, with a proprietorship, extensive legal documents are required. Chapter 1 ____ 2. The primary operating goal of a publicly-owned firm interested in serving its stockholders should be to Chapter 1 ____ 3. Which of the following statements is CORRECT? Chapter 1 ____ 4. Which of the following statements is CORRECT? Chapter 2 ____
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}