Fin 534 Quiz 1/ 2013

In: Business and Management

Submitted By 2thehardway
Words 821
Pages 4
Question 1 .4 out of 4 points Correct Which of the following statements is CORRECT?
Answer
Selected Answer: Sole proprietorships and partnerships generally have a tax advantage over many corporations, especially large ones.
Correct Answer: Sole proprietorships and partnerships generally have a tax advantage over many corporations, especially large ones. . Question 2 .4 out of 4 points Correct Which of the following statements is CORRECT?
Answer
Selected Answer: One advantage of forming a corporation is that equity investors are usually exposed to less liability than in a regular partnership.
Correct Answer: One advantage of forming a corporation is that equity investors are usually exposed to less liability than in a regular partnership. . Question 3 .4 out of 4 points Correct Which of the following statements is CORRECT?
Answer
Selected Answer: The NYSE operates as an auction market, whereas the Nasdaq is a dealer market.
Correct Answer: The NYSE operates as an auction market, whereas the Nasdaq is a dealer market. . Question 4 .0 out of 4 points Incorrect Which of the following is a primary market transaction?
Answer
Selected Answer: You sell 200 shares of Johnson & Johnson stock on the NYSE through your broker.
Correct Answer: Johnson & Johnson issues 2,000,000 shares of new stock and sells them to the public through an investment banker. . Question 5 .4 out of 4 points Correct Which of the following statements is CORRECT?
Answer
Selected Answer: If expected inflation increases, interest rates are likely to increase.
Correct Answer: If expected inflation increases, interest rates are likely to increase. . Question 6 .4 out of 4 points Correct Which of the following could explain why a business might choose to operate as a corporation rather than as a…...

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