Which of the following is NOT an advantage of a limited partnership?
A) Minimal legal requirements to start the business
B) Limited partnerships are limited in their management of the firm
C) Limited liability
D) None of the above
C
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Affective message strategies take two major forms: emotional and hyperbole
Indicate whether the statement is true or false
In the strategic flexibility approach, what does a compensation packages consist of?
a) Core b) Crafted c) Choice d) All of the above
Promotion is communicating information between the seller and the potential buyer or others in the channel to influence attitudes and behavior.
Answer the following statement true (T) or false (F)
Modigliani and Miller's first article led to the conclusion that capital structure is "irrelevant" because it has no effect on a firm's value. However, that article was criticized because it assumed that no taxes existed. MM then revised their original article to include corporate taxes, and this model led to the conclusion that a firm's value would be maximized if it used (almost) 100% debt.
Answer the following statement true (T) or false (F)