The major advantage of the corporation is
a. limited liability for owners.
b. greater profit incentive than the other forms of business organization.
c. lower taxes for owners, who are taxed only once.
d. ability of owners to have hands-on management of the firm.
a
Economics
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Refer to Table 9.1. Use the rule of thumb to determine in which quarter Gigantica first entered a recession during the years 2010-2012
A) 2010 Q4. B) 2011 Q2. C) 2011 Q4 D) Gigantica did not enter a recession from the years 2010-2012.
Economics
You won the "$1,000 per year forever" lottery. You decided to convert such prize into a lump sum payment. The interest rate is 2% per year. How much is this lump sum payment?
A) $25,000 B) $1,000 C) $50,000 D) $365,000
Economics