Morgan's Transition Morgan Is Currently a Manager of a Small Financial Planning

question 70

Multiple Choice

Morgan's Transition
Morgan is currently a manager of a small financial planning firm. He is seeking a new career with a large corporation in the banking industry. He recently applied for the financial manager opening at G & T Bank. He is concerned that the transition from his small firm to a large corporation will be difficult. To better prepare himself for this change, he has decided to enroll in a few business classes to strengthen his understanding of corporate finance. The business classes have proven to be a valuable tool for learning the critical skills needed to fully understand a financial plan, equity financing, and debt financing. Morgan now believes he has strengthened his competitive advantage in his quest for the job.
-Refer to Morgan's Transition. During his job interview, Morgan was asked to talk about money received from the owners or from the sale of shares of ownership in a business. Which of the following would best describe these funds?

• A) Debt capital
• B) Equity capital
• C) Proceeds from a merger or acquisition
• D) Proceeds from the sale of assets
• E) Sales revenue

---

Definitions:

Federal Courts

Courts established by the government of a country to deal with issues that are national in scope or law, including constitutional matters and federal laws.

Patent Infringement

The unauthorized use, sale, or manufacturing of a patented invention without permission from the patent holder.

Federal District Court

The general trial courts of the United States federal court system, where civil and criminal cases are filed and heard.

Exclusive Jurisdiction

A situation in which only a particular court has the power to adjudicate a case to the exclusion of all others.