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Question 2 The single-minded pursuit of profits: is not necessarily good for the firm and its owners is the ultimate goal of a firm always

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Question 2 The single-minded pursuit of profits: is not necessarily good for the firm and its owners is the ultimate goal of a firm always maximizes the current wealth of the owners O is a long-run concept Question 3 One of the most important disadvantages of the corporate form of business is: double taxation limited owner liability O unlimited owner liability ease of transferring ownership

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