答案和详解如下： Q1. Which of the following organizational structures usually has the lowest cost of raising external capital? A) Corporations. B) Partnerships and proprietorship C) Proprietorships. Correct answer is A) Relative to proprietorships and partnerships, external capital is more readily available to and less expensive for corporations. Q2. Which of the following organizational structures is (are) subject to double taxation? A) Proprietorships. B) Corporations. C) Partnerships and proprietorships. Correct answer is B) Corporations must pay taxes on the firm’s profits and the shareholders must pay on profits distributed as dividends. Q3. Which of the following types of business firms exposes its owners to the greatest legal liability in the U.S. and which type of firm is most likely to face a principal-agent conflict, respectively?
A) Proprietorship; corporation. B) Proprietorship; partnership. C) Corporation; corporation. Correct answer is A) The owner of a proprietorship is subject to unlimited liability. Shareholders of corporations have limited liability, only up to the amount invested. In many corporations, the agent (management) may be working for different objectives than those of the principal (shareholders). | 
发表于 2008-12-31 10:33
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