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WorksheetsPharm ad 1 Seatwork # 2
Total questions: 15
Worksheet time: 9mins
Financial stability of a stock holder is limited to his original investment.
True
False
Admission of new members in a partnership requires unanimous consent of partners
TRUE
FALSE
The term of existence of a corporation is ____
in excess of 40 years
not in excess of 40 years
in excess of 50years
not in excess of 50 years
Partnership cannot be dissolved immediately. It requires consent from SEC.
TRUE
FALSE
Major Areas to consider in financing a business.
Financial outlay of equipment
insurance of employee
funds for operating expenses
car loan
These wealthy individuals finance a business that they trust to grow in the future.
angel investor
venture capitalist
grant
none of these
These are investors that are employee of a firm that invest your money in a company they like.
providers of grants
angel investor
venture capitalist
friends and relatives
This is a capital of a company divided in shares
(a)
Stocks given to the originator of the corporation
(a)
The actual amount of stock issued by a corporation.
(a)
Type of stocks that are redeemed from the market.
(a)
Share holder of this stock enjoys the preference in the distribution of dividends and in liquidation of assets.
(a)
Sole proprietorship register their business in (a)
Partnership type of organization register their business in (a) .
Preferred stocks can be converted to common stock.
TRUE
FALSE
