1.8 Organizational form: What are the common forms of business organization discussed in this chapter?

1.9 Organizational form: What are the advantages and disadvantages of a sole proprietorship?

1.10 Organizational form: What is a partnership, and what is the biggest disadvantage of this form

of business organization? How can this disadvantage be avoided?

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

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

1.13 Organizational form: What is double taxation?

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

1.15 Finance function: Whatistheprimaryresponsibilityoftheboardofdirectorsinacorporation