1.Which of the following is a strength of the corporate form of business?

a. Limited life of the business

b. Unlimited access to capital

c. Unlimited liability

d. Double taxation of income

2.

A financial intermediary is an institution that:

a. None of the above

b. Issues stocks and sells shares in itself to generate cash for investing for the stockholders

c. Lends money to borrowers and raises that capital by issuing liabilities against itself

d. Lends money to borrowers and raises that capital by issuing equity