Public offerings of debt and equity must be registered with the:

Multiple Choice

• A New York Board of Governors.

• B Federal Reserve.

• C NYSE Registration Office.

• D Securities and Exchange Commission.

• E Market Dealers Exchange.

The growth of both sole proprietorships and partnerships is frequently limited by the firm's:

Multiple Choice

• A double taxation.

• B bylaws.

• C inability to raise cash.

• D limited liability.

• E agency problems.