Throughout this test, write your answer on the form provided. Erasure marks may cause the grading machine to mark your answer wrong. INSTRUCTIONS: The following selections relate to distinguishing arguments from nonarguments and identifying conclusions. Select the best answer for each. Most partnerships have difficulty attracting substantial amounts of capital. This is generally not a problem for

a slow growing business. But if a business's products or services really catch on, the difficulty in attracting capital becomes a real drawback. For these reasons, many growth companies, which begin life as a proprietorship or partnership, at some point find it necessary to convert to a corporation. Eugene F. Brigham, Financial Management: Theory and Practice

A) Argument; conclusion: This is generally not a problem ... business.

B) Nonargument.

C) Argument; conclusion: But if a business's products ... becomes a real drawback.

D) Argument; conclusion: Many growth companies ... to convert to a corporation.

E) Argument; conclusion: Most partnerships have difficulty ... amounts of capital.


D

Philosophy & Belief

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Philosophy & Belief