______ 23. Finance is concerned with

1. how firms raise money from investors.

2. how firms invest money to seek profit.

3. whether to re-invest profits in the firm or distribute them as dividends to shareholders.

4. A and B and C.

______ 24. A corporate ethics program may seek to do each of the following EXCEPT

1. maximize the number of the firms common stock shares that are outstanding.

2. reduce litigation and judgment costs.

3. build shareholder confidence in the corporation.

4. maintain a positive corporate image.

A legal provision that limits stockholders liability for a corporations debt to the amount they initially invested in the firm when they purchased its stock is

1. debt resolution.

2. limited liability.

3. corporate ethics.

4. stakeholders rights.

______ 26. A security that represents an ownership interest in a corporation is

1. a corporate bond.

2. a Certificate of Deposit (CD).

3. commercial paper.

4. stock.