The two most fundamental aspects of a corporation (as a form of business organization) that lead to not only tremendous economies of scale and scope (as a positive) but also are linked to the
financing problems that we address in the course (as a negative) are:
a. the separation of ownership and control AND private ownership.
b. limited liability AND private ownership.
c. the separation of ownership and control AND limited liability.
d. private ownership AND leverage.
C
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You have just put $5,000 into an investment that offers a 10% annual yield, with interest compounded annually. Your total interest earned after two years will be
A) $550. B) $1,000. C) $1,050. D) $1,100.
The estimated duration of an activity is how long it will take to complete each activity based on
a. the estimate of resources to be applied to the activity. b. the estimate of time for one person to complete the activity. c. the amount of time listed in the lessons learned from other projects. d. the amount of funds for that activity.