Which of the following statements is CORRECT?
A) One of the advantages of the corporate form of organization is that it avoids double taxation.
B) It is easier to transfer one's ownership interest in a partnership than in a corporation.
C) One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability.
D) One of the advantages of a corporation from a social standpoint is that every stockholder has equal voting rights, i.e., "one person, one vote."
Answer: C) One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability.
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Answer the following statements true (T) or false (F)
1. A symbol stands for, or represents, something else. 2. Different words that describe the same event can evoke very different responses. 3. The words you use can help shape the desired response from your audience. 4. Words have always had the same definitions.
Next year's budget for Temper, Inc., is given below: 
At the end of the year, the total fixed costs and the variable costs per unit were exactly as budgeted, but the following units per product line were sold:Product Line Units Sales 1 126,200 $958,579 2 56,800 $721,010 Required:(Be sure to indicate whether the variance is favorable or unfavorable.)a. Compute the sales activity variance for each product.b. Compute the sales mix variance for each product.c. Compute the sales quantity variance for each product.
What will be an ideal response?
Health Maintenance organizations' health clinics and day surgery centers are examples of
a. health care channels of distribution b. the direct marketing of healthcare c. health care occasion strategies d. the mass distribution of health care e. health care backward integration strategies
You own a stock portfolio invested 30% in a film company, 20% in a bank stock, 10% in a mining company, and 40% in an oil company. The betas of these four stocks are 1.4, 0.6, 1.5, and 1.8 respectively. What is the portfolio beta?
A) 1.00 B) 1.20 C) 1.35 D) 1.41 E) 1.50