Which of the Following Statements About Organizational Forms of a Business

question 92

Multiple Choice

Which of the following statements about organizational forms of a business is FALSE?

• A)In a sole proprietorship form of business or in a partnership form,the owner(s)are personally responsible for the debts of the business.
• B)The partnership agreement states how profits are to be shared between partners and what happens when a new partner is to be admitted or an existing partner is retiring.
• C)A corporation is a separate entity from both a legal and accounting perspective.
• D)The owners of a corporation are legally responsible for the corporation's debts and taxes.

Distinguish between gender differences in conflict management.

Understand the impact of cultural perspectives on conflict resolution.

Recognize the primary emotions associated with conflict.

Describe family dynamics in conflict situations.

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Definitions:

NPVs

Net Present Values, plural; the calculation of multiple investments' profitability by discounting future cash flows to their present values and comparing them to the initial investment.

Scenarios

In finance and planning, scenarios represent different potential future states or outcomes, used to evaluate the impact of varying conditions on projects or investments.

Certainty Equivalent Approach

A method used in capital budgeting and investment theory that adjusts future cash flows to account for risk, making them equivalent in value to cash flows received with certainty.

Risk-Free Rate

The return on an investment with no risk of financial loss, typically represented by government bonds.