The best form of business entity to attract new capital is the sole proprietorship because investors only need to deal with one owner

Baytown Paper Company has a debt ratio of 25%, which means that 75% of the assets are financed by creditors.

a. true b. false

Mike, a real estate agent, sold a condo that was listed by an agent from another company. What is his relation to the listing agent?

a. principal b. third party c. co-agent d. subagent