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1. Which of the following, legal corporate entity structures does not have a perpetual life: a. A partnership or joint venture b. A chapter C Corporation C A Sub Chapter S Corporation d. A Limited Liability Corporation, LLC 2. Managerial or Corporate Finance function can be best described as a field of study or profession that does the following: a. Interprets economic events to determine the implications on a company's financial performance. b. is a strategic function in the accounting operation of a company that focuses on corporate efficiency 0. Manage company decisions regarding cash flow, Capital Structure, Liquidity Management, Capital Investment or Budget Planning d. is a strategic function that ensures all investments made by a company maximizes shareholder wealth 3. An employee of an organization has a car accident while performing company duties. As a result of the car accident there is a legal judgment rendered for $1,000,000. The liability insurance pays $750,000, but there is $250,000 due immediately that the company does not have. In this Situation, which legal entity type would require the owner of the company to pay the $250,000 Immediately, or a claim could be put on his personal assets. Corporation bimited Liability Corporation Sub-chies Corporation Sole Proprietorship