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FIN 515 Week 1 Problem Set

1. What is the most important difference between a corporation and all other organizational forms? 2. What does the phrase limited liability mean in a corporate context? 3. Which organizational forms give their owners limited liability? 4. What are the main advantages and disadvantages of organizing a firm as a corporation? 5. Explain the difference between an S corporation and a C corporation.

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fin 515 Entire Course New

FIN 515 Week 1 Problem Set