What are the three basic forms of the business organization

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You have just graduated and have taken a position with The Academically Challenged Brokerage firm. One of the firm's biggest clients of the firm is Sir-Tugs-A-Lot - a tug boat firm in the Dartmouth harbour. Your first assignment is to convince a new client to use the services of the firm.

Problem i. Why is corporate finance important for the client?

Problem ii. What is the primary objective for the financial manager?

Problem iii. What are the three basic forms of the business organization available for your client? Provide 2 attributes (characteristics) of each business form.

Problem iv. In each business form, could you experience an agency problem?

Reference no: EM132772905

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