Answer ALL questions in Questions 1-28 carry 1 mark each MULTIPLE CHOICE QUESTIONS. Choose the one alternative that best completes the statement or answers the question. 1) A financial security A) is a claim or price of property that is subject to ownership. B) promises that payments will be made periodically for a specified period of time. C) is the price paid for the usage of funds. D) is a claim on the issuer's future income. 2) Which of the following categories of owners have limited liability? A) General partners B) Sole proprietors C) Shareholders of a corporation D) Both A and B 3) Which of the following best describes the goal of the firm? A) The maximization of the total market value of the firm's common stock B) Profit maximization C) Risk minimization D) None of the above 4) Which of the following goals is in the best long-term interest of stockholders? A) Profit maximization B) Risk minimization C) Maximizing of the market value of the existing shareholders' common stock D) Maximizing sales revenues 5) Which of the following would be most likely to align the interests of managers and shareholders? A) Fixed but high salaries B) Stock options C) All of the above D) None of the above