question answer

3 Pages
Unlock Document

Business Administration
BUS 320
Amir Azaran

Chapter 1 some answers of critical questions2 Disadvantagea Unlimited liabilityb Limited lifec Difficulty in transferring ownershipd Hard to raise capital fundsAdvantageaSimpler less regulationsbControl owners are also managerscPersonal tax rates are better than corporate tax rates6 In the corporations shareholders are the owners of the firm Shareholders elect the directors of the corporation who in turn hire the firms management The separation of ownership from control in the corporate form of the organization is what causes agency problem Management may act in its ownsomeone elses interest rather than those of shareholders If such things occur they may contradict the goals of maximizing the share price of the equity of the firm9 Nonprofit organizations frequently pursue socialpolitical missions So many different goals are attainable One goal is minimizat
More Less

Related notes for BUS 320

Log In


Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.