10. Organizational form: What is a partnership, and what is the biggest disadvantage of this form of business organization? How can this disadvantage be avoided?

11. Organizational form: Who are the owners of a corporation, and how is their ownership represented?

12. Organizational form: Explain what is meant by stockholders' limited liability.

13. Organizational form: What is double taxation?

14. Organizational form: What is the form of business organization taken by most large companies and why?

15. Finance function: What is the primary responsibility of the board of directors in a corporation?