Section 1.6 What are the defining features of a primary market? CRITICAL THINKING AND CONCEPTS REVIEW LO1 11 The Financial Management Decision Process. What are the three types of financial management decisions? For each type of decision, give an example of a business transaction that would be relevant. Sole Proprietorships and Partnerships. disadvantages to the sole proprietorship and partnership forms of business LO3 12 Sole Proprfetorships a What are the four primary 1.2