A firm that has a large percentage of ________ investors may pay out a lower percentage of its earnings as dividends

Which of the following statements express the purpose of the Truth-in-Lending Act?

a. To require lenders to charge a "reasonable" rate of interest b. To regulate interest rates and terms of loans c. To provide consumers with information necessary to make the best credit decision d. To help lenders limit state laws

Corporations have a distinct advantage over other forms of business organization in the area of taxation

a. True b. False Indicate whether the statement is true or false