Reference no: EM132757142
Problem 1: A root cause of firm agency costs is
a. a managerial carelessness
b. be a manager owning too much of his firm's stock.
c. a managers concern for his personal well-being.
d. the various BIR and SEC filing requirements.
Problem 2: Which of the following is a strength of the corporate form of business?
a. Limited life of the business
b. Unlimited access to capital
c Unlimited liability
d. Double taxation of income
Problem 3: Which of the following is not a strength of the corporate form of business?
a. Unlimited life of the business
b. Unlimited access to capital
c.Unlimited liability
d. Individual contracting