A publicly$-$held corporation can raise financial capital by

A$.$ selling its common stock shares.

B$.$ borrowing money from a commercial bank.

C$.$ selling its corporate bonds to investors.

D$.$ A and B and C$.$

Each of the following is a disadvantage of the corporate form of

business ownership EXCEPT

A$.$ the firm's unlimited or continuous life.

B$.$ formal federal and state legal requirements must be met.

C$.$ ownership of the business is widely held by many

shareholders.

D$.$ "double taxation" of corporate profits and of dividends

received

by the firm's shareholders.

A "Limited Liability Company" $($LLC$)$ is a hybrid form of business

organization that has features of both

A$.$ sole proprietorships and partnerships.

B$.$ partnerships and corporations.

C$.$ sole proprietorships and corporations.

D$.$ none of the above.

Each of the following is an advantage of operating as a franchise

business EXCEPT

A$.$ name recognition associated with the franchise.

B$.$ standardized policies and procedures for product and service

delivery.

C$.$ guaranteed profit under this form of business operation.

D$.$ marketing skill RE: strategy and advertising.