Which of the following is an advantage of a partnership when compared to a corporation?
A) The partnership is more likely have a net income.
B) The partnership is relatively inexpensive to organize.
C) The partnership involves fewer people to operate.
D) The partnership usually hires professional managers.
B
You might also like to view...
A one-year zero-coupon bond yields 4.0%. The two- and three-year zero-coupon bonds yield 5.0% and 6.0% respectively. The one-year spot rate r(1) = 4%, the forward rate for a one-year loan beginning in one year is 6%, and the forward rate for a one-year loan beginning in two years is 8%. Which of the following rates is closest to the three-year spot rate?
A. 4.0% B. 6.0% C. 8.0%
Evaluating the effectiveness of a message is most often accomplished in which stage of the Communication Process Model?
A) The sender has an idea. B) The sender produces the message in a transmittable medium. C) The audience receives the message. D) The audience decodes the message. E) The receiver provides feedback.