About 4walls Beginner
1. What effect did the recession of 2007–2009 have on government regulation? (LO1-3)2. What advantages does a sole proprietorship offer? What is a major drawback of this type of organization? (LO1-2)3. What form of partnership allows some of the investors to limit their liability? Explain briefly. (LO1-2)4. In a corporation, what group has the ultimate responsibility for protecting and managing the stockholders’ interests? (LO1-2)5. What document is necessary to form a corporation? (LO1-2)6. What issue does agency theory examine? Why is it important in a public corporation rather than in a private corporation? (LO1-4)7. Why are institutional investors important in today’s business world? (LO1-4)8. Why is profit maximization, by itself, an inappropriate goal? What is meant by the goal of maximization of shareholder wealth? (LO1-4)9. When does insider trading occur? What government agency is responsible for protecting against the unethical practice of insider trading? (LO1-1)
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