Introduction to Corporate Finance Quiz ( MCQ and Answer )

A business created as a distinct legal entity and treated as a legal “person” is called a:

A business partner whose potential financial loss in the partnership will not exceed his or her investment in that partnership is called a:

A business formed by two or more individuals who each have unlimited liability for all of the firm’s business debts is called a:

A business owned by a solitary individual who has unlimited liability for its debt is called a:

Which one of the following is defined as a firm’s short-term assets and its short-term liabilities?

Which one of the following terms is defined as the mixture of a firm’s debt and equity financing?

Which one of the following terms is defined as the management of a firm’s long-term investments?