STUDENT What is a comsole proprietorship b. partnership ness? d. limited liability company e. all of the above 32. Which of the following is not a chamacterisic of a comporaion? a. perpetual existence b. ease of raising capital c. unlimited liability d. subject to double taxation e. share ownership readily transferable 33. Which of the following is a component of stockholder's equity? a. common stock b. paid in capital c. retained earnings d. treasury stock e. all of the above are components of stockholder's equity 34. Which of the following is not a characteristic of preferred stock? a. preferential treatment in receipt of dividends b. available as cumulative, convertible, or callable varieties c. ability to vote d. inability to share in the appreciation of a company's growth 35. The advantages of a company going public include which of the following? a. ability to raise large sums of capital b. improved financial position c. better employee productivity d. enhanced liquidity and valuation e. all of the above 36.The disadvantages of a company going public include a. disclosure of company information to outsidens b. loss of control of the company by its owners d requirements to comply the federal securities acts of 1933 and 1934 d. both a and b and c 37. Who is a member of the team of a company that is going public? a. attorneys b. accountants c. underwriters d. transfer agents e. all of the above 38. Par value a. is established for a share of stock after it is issued b. is the legal capital established for a share of stock c. represents the market value of a share of stock d. represents the original selling price for a share of stock