Investors in hedge funds have the legal status of

A) shareholders.
B) limited partners.
C) general partners.
D) trustees.

Answer: B

Business

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Corporate shareholders are entitled to

A. Vote on amendments to the articles of incorporation, candidates for the board of directors, and officers. B. File derivative suits to force the corporation to respect certain rights of the shareholders. C. Participate fully in the management of the corporation. D. Dissent from decisions on fundamental changes, demand dissenters' rights, and receive the value of their stock in cash.

Business

Free cash flow will increase with a decrease in:

A) tax rate. B) depreciation expense. C) accruals. D) Both A and C.

Business