TEST BANK for Corporate Finance, Canadian Edition 5th Edition by Jonathan Berk and Stangeland All Chapters 1-31
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Module
Corporate Finance Canadian Edition 5th Edition
Institution
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Co...
1) Aisoleiproprietorshipiisiownediby:
A) oneiperson
B) twoiorimoreipeople
C) shareholders
D) bankersi
Answer:i A
Diff:i1 Type:iMC
Topic:i 1.1i TheiThreeiTypesiofiFirms
2) IniCanada,iwhichiofitheifollowingiorganizationiformsiaccountsiforitheigreatestinumberiofifirm
s?
A) LimitediLiabilityiPartnership
B) LimitediPartnership
C) SoleiProprietorship
D) PubliclyiTradediCorporationi
Answer:i C
Diff:i1 Type:iMC
Topic:i 1.1i TheiThreeiTypesiofiFirms
4) WhichiofitheifollowingiisiNOTianiadvantageiofiaisoleiproprietorship?
A) Singleitaxation
B) Easeiofisetup
C) Limitediliability
D) Noiseparationiofiownershipiandicontroli
Answer:i C
Diff:i2 Type:iMC
Topic:i 1.1i TheiThreeiTypesiofiFirms
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