Convenient, but if youre not careful, credit cards will cost you.
Some charge over 20% interest on unpaid balances.
Most people dont consider interest charges on purchases they have to have.
Manage credit wisely to avoid high intere
Corporate Governance, Mergers & Termination
I. Corporate Governance
II. The Business Judgement Rule & Shareholder Derivative Suits
Merger & Consolidation
Shareholder Rights during Merger/Consolidation
Buying a home is the single biggest investment most people will make.
Buying a car is another major purchasing decision.
Must fit lifestyle and wallet.
Probably need a loan making dramatic impact on personal finances.
Step 1: Differ
Liquid assets are a necessity of personal financial management.
Without liquid funds, you might have to compromise your long-term investments to cover
You could ruin your financial plan if you dont manage liquid funds effect
Basics of Corporations
Classification of Corporations:
A. Based on Jurisdiction
B. Based on Ownership
C. Based on Size
IV. Corporate Powers
V. Corporate Status Challenges:
Exam 3 Review
1. Sole Proprietorship Advantages and Disadvantages.2
Advantages of a sole proprietorship:
The sole proprietor receives all the profits with income and losses reported on the sole
proprietors tax return.
This business for
Sole Proprietorships, Franchises & LLCs
Sole Proprietorships Advantages & Disadvantages
Franchises Advantages & Disadvantages
Types of Franchises
B. Chain-Style Business Operation
C. Manufacturing Arrangement