Limited liability is a key advantage of partnerships and sole proprietorships over corporations.
Answer the following statement true (T) or false (F)
False
The liability of both sole proprietorships and partnerships is unlimited; this is not the case for corporations.
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One of the primary reasons that Mexico has experienced relatively low rates of economic growth is that for Mexican entrepreneurs,
A) the government has a history of nationalizing all successful domestically-owned industries. B) problems in the banking system have made it difficult to obtain the funding needed to finance expansion. C) there is a shortage of low-skilled labor to fill manufacturing jobs. D) incentives from its neighboring Central American countries has attracted most of the foreign investment in the region.
Which of the following is NOT a type of demand for holding money?
A) transactions demand B) precautionary demand C) asset demand D) qualitative demand