Why would it be less risky for a wealthy individual to incorporate his or her business rather than to operate it as a sole proprietorship or partnership?
With a sole proprietorship or partnership, the owner or owners have unlimited liability. That is, they may be required to use personal assets to satisfy business debts. The liability of a corporate shareholder, however, is limited to his or her investment in the business.
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Describe the PRIZM method of segmenting consumer markets
What will be an ideal response?
Investing activities involve the buying and selling of assets such as land and equipment that are held for long-term use in the business.
Answer the following statement true (T) or false (F)
If your audience would benefit from reviewing technical information in preparation for your presentation, you should
A) distribute handouts just before you begin speaking. B) leave handouts on each seat in the room so listeners can page through them while waiting for you to begin. C) project informative slides before your main presentation. D) answer preliminary questions about technical aspects of your talk before you make your main points. E) send handouts to audience members in advance.
The margin deposit associated with the purchase of a futures contract
A) is a partial payment on the contract with the amount of the payment equal to 10% or more of the contract value. B) represents the purchasers equity in the contract with the balance of the contract financed with borrowed funds at the margin rate of interest. C) is related to the value of the item underlying the contract. D) is used to cover any loss in market value of the contract resulting from adverse price fluctuations.