Genoese Colonies in the Mediterranean Differed from Venetian and Catalan

question 26

Multiple Choice

Genoese colonies in the Mediterranean differed from Venetian and Catalan colonies:

• A) because Genoese colonies were directed by the city's rulers.
• B) because Genoese colonies were mainly in the eastern Mediterranean.
• C) because Genoese colonies relied on galleys, not cogs.
• D) because Genoese colonies focused on the production of bulk goods such as grain and hides for export.
• E) because Genoese colonies were self-ruled with very little interference from the Genoa.

Recognize the flexibility LLC members have in managing the business.

Understand the implications of choosing different business organizational forms on liability and potential profit.

Grasp the concept of fiduciary duties within the management structure of LLCs.

Learn about the various ways LLCs can handle reinvesting profits and taxation.

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Definitions:

Holding-Period Return

The total return received from holding an asset or portfolio of assets over a period of time, usually expressed as a percentage.

Annual Coupon Rate

An alternative term for Coupon Rate, representing the yearly interest payment made by bonds relative to their face value.

Par Value

The face value of a bond or stock as stated by the issuing company, not necessarily its market value.

Interest Rate Risk

The potential for investment losses that result from a change in interest rates, affecting the value of fixed-income securities inversely to the direction of the rate change.