Compared with a partnership, a corporation can raise money more easily because owners of a corporation have less liability for the corporation's actions than owners of a partnership have for the partnership's actions
Indicate whether the statement is true or false
T Shareholders in a corporation can only lose what they have invested, whereas partners may be liable for actions beyond the amounts invested.
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Explain the difference between a change in quantity supplied and a change in supply
What will be an ideal response?
A fall in the demand for U.S. exports would result in a rise in the exchange rate when
a. there is no capital mobility and exchange rates are allowed to float. b. there is capital mobility. c. exchange rates are allowed to float. d. the country has a balance of payments surplus. e. both c and d.
Antitrust laws seek to prevent actions that harm society such as
A) price discrimination. B) refusal to deal. C) predatory pricing. D) All of the above.
According to the monetary approach to exchange rate determination, how would an increase in foreign real income affect the value of domestic currency? In your explanation, discuss both the quantity theory and purchasing power parity (PPP).
What will be an ideal response?