1. The Financial Management Decision Process LOL What are the three types of financial management decisions? For each type of decision, give an example of a business transaction that would be relevant. 2. Sole Proprietorships and Partnerships |L031 What are the four primary disadvantages of the sole proprietorship and partnership forms of business organization? What benefits are there to these types of business organization as opposed to the corporate form? 3. Corporations (L03) What is the primary disadvantage of the corporate form of organization? Name at least two advantages of corporate organization 4. Sarbanes-Oxley (L03] In response to the Sarbanes-Oxley Act, many small firms in the United States have opted to "go dark" and delist their stock. Why might a company choose this moute? What are the costs of "going dark? 5. Corporate Finance Organization (LOI) In a large corporation, what are the two distinct groups that report to the chief financial officer? Which group is the focus of corporate finance? 6. Goal of Financial Margement |LO2. What goal should always motivate the actions of a firm's financial manager? 7. Agency Problems (L041 Who owns a corporation? Describe the process whereby the owners control the fim's management. What is the main reason that an agency relationship exists in the corporate form of organization? In this context what kinds of problems can arise? 8. Primary versus Secondary Markets 11.031 You've probably noticed coverage in the financial press of an initial public offering (IPO) of a company's securities is an IPO a primary market transaction or a secondary market transaction? 9. Auction versus Dealer Market LQ31 What does it mean when we say the New York Stock Exchange is an auction market? How are action markets different from dealer markets? What kind of market is Nasdaq? 10. Not-for Profit Finn Goals 2021 Suppose vou were the financial manager of a not-for-profit business (a not-for-profit hospital. perhaps) What kinds of goals do you think would be appropriate