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1.What is a corporation? What is a limited liability company?What protection do these organizations provide for owners? 2.What is the business judgment rule? 3.Describe the

1.What is a corporation? What is a limited liability company?What protection do these organizations provide for owners?

2.What is the business judgment rule?

3.Describe the doctrine of "piercing the corporate veil".

4.What is the difference between common stock, preferred stock, and debt?

5.Describe the regulatory roles of the 1933 and 1934 federal securities acts?

6.What is insider trading?

7.What is a monopoly?

8.What is a merger?

9.What is the difference between a horizontal and a vertical merger?

10.What are the benefits and hazards of mergers?

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