A major advantage of the company form of business structure is that:
A) directors are personally liable under the Corporations Act 2001.
B) shareholders have limited liability for company debts.
C) employees are personally liable under the Corporations Act 2001.
D) all of the above.
Correct Answer:
Verified
Q13: A _ is a business entity owned
Q14: An advantage of forming as a sole
Q15: _ have access to more capital, and
Q16: A _ can sell its securities to
Q17: All companies are registered with and regulated
Q19: The financial manager's goal is to:
A) grow
Q20: Maximisation of the owners' wealth:
A) takes risk
Q21: The main financial goal of the firm
Q22: Which of the following statements regarding wealth
Q23: Profit maximisation ignores:
A) the risk associated with
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