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Test Bank For Principles of Corporate Finance 9th Edition Richard A Brealey
Test Bank For Principles of Corporate Finance 9th Edition Richard A Brealey
Test Bank For Principles of Corporate Finance 9th Edition Richard A Brealey
Brealey
3. (p. 4) The following are examples of the United States-based corporations except: I) Boeing;
II) Microsoft; III) Bank of America; IV) Sony
a. I only
b. I and II only
c. I, II, and III only
D. IV only
Type: Easy
1-2
Chapter 01 - Finance and the Financial Manager
4. (p. 4) The following are examples of foreign-based corporations except: I) British Petroleum;
II) General Electric; III) Sony; IV) Volkswagen
a. I only
B. II only
c. II and III only
d. I, II, & IV only
Type: Easy
Type: Easy
6. (p. 4) When the shares of a corporation are not publicly traded, then it is called a:
A. Closely held company
b. Public company
c. Sole proprietorship
d. None of the above
Type: Easy
7. (p. 4) When the shares of a corporation are publicly traded, then it is called a:
a. Closely held company
B. Public company
c. Sole proprietorship
d. None of the above
Type: Easy
1-3
Chapter 01 - Finance and the Financial Manager
8. (p. 4) Shareholders of a corporation may be, among others: I) Individuals; II) Pension Funds;
III) Insurance Companies
a. I only
b. I and II only
c. II only
D. I, II and III
Type: Medium
Type: Easy
10. (p. 5) Generally, a corporation is owned by the: I) Managers; II) Board of Directors; III)
Shareholders
a. I only
b. II and III
C. III only
d. I, II and III
Type: Easy
Type: Medium
1-4
Chapter 01 - Finance and the Financial Manager
Type: Easy
13. (p. 5) The main disadvantage of organizing a business as a corporation in the United States
is:
a. Limited liability
b. Separation of ownership and management
C. Double taxation
d. None of the above
Type: Medium
14. (p. 5) The reason (s) that a corporation, theoretically, has infinite life is:
a. Limited liability
B. Separation of ownership and management
c. Double taxation
d. All of the above
Type: Medium
15. (p. 5) A large number of United States corporations are incorporated in: I) New York; II)
California; III) Delaware; IV) Connecticut
a. I only
b. II only
C. III only
d. IV only
Type: Easy
1-5
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The Project Gutenberg eBook of Chambers's
Journal of Popular Literature, Science, and Art,
fifth series, no. 130, vol. III, June 26, 1886
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Author: Various
Language: English