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Quiz for FIN 0350 - Business Finance with Su at San Francisco State (SFSU)

Quiz Information

Material Type:Quiz 1
Professor:Su
Class:FIN 0350 - Business Finance
Subject:
University:San Francisco State University
Term:Spring 2011
Keywords:
  • Following Statements
  • Hedge Funds
  • Stockholders
  • Conflict of Interest
  • Interest Expense
  • Organization
  • Correct Statement
  • Regulations
  • Corporations
  • S Corporations
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Sample Document Text

Version A FIN 350, 11S Page 1 of 2 Fin 350 ? Business Finance Quiz 1 NAME:______________________ SECTION: _______________ Due date: February 21, 2011 Answer All Questions. Read all the answers carefully and select the best answer for each question. 1. Which of the following statements is MOST CORRECT ? a) Unlimited liability and limited life are two key advantages of the corporate form over other forms of business organization. b) Sole proprietorships are subject to less regulations than corporations. c) In part due to limited liability and ease of ownership transfer, corporations have more trouble raising money in financial markets than other organizational forms. d) One of the advantages of the corporate form of organization is that it avoids double taxation. e) It is easier to transfer one?s ownership interest in a partnership than in a corporation. 2. Which of the following statements is MOST CORRECT ? a) The threat of takeove...

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