1) Which of the following are factors that a court will consider in determining whether a partnership exists?

A.The qualifications of the parties.

B.Whether the parties intend to make a profit.

C.Whether there are outside investors in the business.

D.How profits are divided.

E.Whether the parties are involved in the management of the business.

F.Whether the business actually earns a profit.

G.How losses are divided.

H.Whether one party to the arrangement has significantly more business experience than any of the others.

2) The debts of a corporation are satisfied from which of the following:

a. The assets of the corporation.

b. Only the corporation's cash on hand.

c. The assets of the corporation and the assets of the corporation's shareholders.

d. The assets of the corporation and the assets of the corporation's common stockholders but not the assets of the corporations preferred stockholders.

3) The Securities and Exchange Commission holds primary responsibility for which of the following. Check all that apply.

A.Determining the offering price for shares in an initial public offering of stock.

B.Enforcing federal securities laws.

C.Enforcing state securities laws.

D.Proposing federal securities rules .

E.Regulating the securities industry , the nation's stock and options exchanges, and other activities and organizations, including electronic securities markets in the United States.

F.Counseling investors as to the desirability of public stock offerings.

PLEASE answer as soon as possible

Thank you