A publiclyheld corporation can raise financial capital by
A selling its common stock shares.
B borrowing money from a commercial bank.
C selling its corporate bonds to investors.
D A and B and C
Each of the following is a disadvantage of the corporate form of
business ownership EXCEPT
A the firm's unlimited or continuous life.
B formal federal and state legal requirements must be met.
C ownership of the business is widely held by many
shareholders.
D "double taxation" of corporate profits and of dividends
received
by the firm's shareholders.
A "Limited Liability Company" LLC is a hybrid form of business
organization that has features of both
A sole proprietorships and partnerships.
B partnerships and corporations.
C sole proprietorships and corporations.
D none of the above.
Each of the following is an advantage of operating as a franchise
business EXCEPT
A name recognition associated with the franchise.
B standardized policies and procedures for product and service
delivery.
C guaranteed profit under this form of business operation.
D marketing skill RE: strategy and advertising.
