Pregunta 1
Pregunta
a business that is owned and operated bey one individual is referred to as a
Respuesta
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sole proprietorship
-
partnership
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joint venture
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non profit cooporation
Pregunta 2
Pregunta
is a form of business ownership that is quasi taxable and consists of two or more owners
Respuesta
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partnership
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acquisition
-
corporation
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merger
Pregunta 3
Pregunta
is a legal entity, created by the state whose assets and liabilities are separate from its owners
Respuesta
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joint venture
-
merger
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partnership
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corporation
Pregunta 4
Pregunta
is a partnership established for a specific project for a limited time
Respuesta
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joint venture
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corporation
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partnership
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merger
Pregunta 5
Pregunta
is a form of business ownership that is taxed as though it where a partnership with restrictions on shareholders
Respuesta
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s corporation
-
merger
-
partnership
-
joint venture d
Pregunta 6
Pregunta
is a form of business ownership that provides limited liability, as in a corporation, but is taxed like a partnership
Pregunta 7
Pregunta
an organization composed of individuals or small businesses that have banded together to reap the benefits of belonging to a larger organization is referred to as a
Respuesta
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cooperative
-
joint venture
-
merger
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sole proprietorship
Pregunta 8
Pregunta
occurs when two companies combine to form a new company
Respuesta
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merger
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partnership
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acquisition
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joint venture
Pregunta 9
Pregunta
occurs when one company purchases another, usually by buying most of its stock
Respuesta
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acquisition
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partnership
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joint venture
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cooperative
Pregunta 10
Pregunta
a group of investors borrows money from banks and other institutions to acquire a company, using the assets of the purchased company to guarantee the repayment of the loan
Respuesta
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leveraged buyout
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cooperative
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nonprofit corporation
-
acquisition
Pregunta 11
Pregunta
which of the following is an advantage of a sole proprietorship?
Pregunta 12
Pregunta
which of the following is not a source of funds for a partnership
Respuesta
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bank loan
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personal funds
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sale of stock
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private investor
Pregunta 13
Pregunta
the legal documents that identify the base agreements between partners are called
Pregunta 14
Pregunta
all the following are advantages of a partnership except
Pregunta 15
Pregunta
are the profits of a corporation that are distributed in the form of cash payments to stockholders
Respuesta
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common stock
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preferred stock
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distributions
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dividends
Pregunta 16
Pregunta
a private corporation is one
Respuesta
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whose stock is traded on the New York stock exchange
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that does not pay taxes on its income
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whose stock is not traded in public markets
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that must disclose its financial to the public
Pregunta 17
Pregunta
is elected by the stockholders to oversee the general operation of the corporation and set long term objectives
Respuesta
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board of directors
-
preferred stockholders
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common stockholders
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CEO
Pregunta 18
Pregunta
which type of stockholders usually has the right to vote and control the board of directors
Respuesta
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preferred stockholders
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common stockholders
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the Board of directors
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members of the firm
Pregunta 19
Pregunta
when companies operating at different but related levels of industry merge, the merger is known as a
Respuesta
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horizontal merger
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vertical merger
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conglomerate merger
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hostile takeover
Pregunta 20
Pregunta
results when two firms in unrelated industries merge
Respuesta
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horizontal merger
-
vertical merger
-
conglomerate merger
-
hostile takeover