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What is one of the major advantages corporations have over other business entities? Select one: O a. It is less costly to set up a

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What is one of the major advantages corporations have over other business entities? Select one: O a. It is less costly to set up a corporation. O b. It is harder for a corporation to raise capital than other forms of businesses. OC The owners of the corporation are personally liable for its obligations. Od There is no limitation on who can own its stock. O. Corporations are the only organizational structures not subject to double taxation. Whose interests should a financial manager consider paramount when making a decision? Select one: O a. the public who consume the company's goods and services Ob. the senior management and associated colleagues at the executive level within the company . the employees and associated stakeholders who ate employed by the company O d. the financial manager's own interests e. the stockholders who have risked their money to become owners of the company What are the responsibilities of the board of directors? Select one: O a. make rules on how the corporation is run, set policy, and monitor the performance of the company b. implementing the rules and policies set by the CEO oversee the day-to-day running of the corporation d. making investment decisions e risk management

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