5/26/25, 9:33 PM FIN 300 Exam 1 2025 COMPLETE EXAM QUESTIONS AND VERIFIED ANSWERS |RECENTLY TESTING REAL EXAM QUESTI…
FIN 300 Exam 1 2025 COMPLETE EXAM
QUESTIONS AND VERIFIED ANSWERS
|RECENTLY TESTING REAL EXAM QUESTIONS|
100% SOLVED!!
Save
Terms in this set (36)
Investments Financial assets such as stocks and bonds
-Banks (commercial and investment), credit unions,
savings and loans
Financial Institutions -Insurance companies
-Brokerage firms
-Mutual funds/Hedge funds
-Managing the firm's short/long-term investments
Corporate Finance -Financing the firm's growth
-Returning capital to stakeholders
1.) Sole Proprietorship
2.) Partnership
Forms of Business
--General
Organization
--Limited
3.) Corporation
https://quizlet.com/1048363034/fin-300-exam-1-2025-complete-exam-questions-and-verified-answers-recently-testing-real-exam-questions-100-solved… 1/7
, 5/26/25, 9:33 PM FIN 300 Exam 1 2025 COMPLETE EXAM QUESTIONS AND VERIFIED ANSWERS |RECENTLY TESTING REAL EXAM QUESTI…
Definition: business owned by one person
-ADVANTAGES:
1.) Easiest to start
2.) Least regulated
3.) Single owner keeps all of the profits
4.) Taxed once as personal income
Sole Proprietorship
-DISADVANTAGES:
1.) Limited to life of owner
2.) Equity capital limited to owner's personal wealth
3.) Unlimited liability
4.) Difficult to sell ownership interest
Definition: business owned by two or more persons
-ADVANTAGES:
1.) Two or more owners
2.) More capital available
3.) Relatively east to start
4.) Income taxed once as personal income
Partnership
-DISADVANTAGES:
1.) Unlimited liability
--General partnership
--Limited partnership
2.) Partnership dissolves when one partner dies or
wishes to sell
3.) Difficult to transfer ownership
https://quizlet.com/1048363034/fin-300-exam-1-2025-complete-exam-questions-and-verified-answers-recently-testing-real-exam-questions-100-solved… 2/7
FIN 300 Exam 1 2025 COMPLETE EXAM
QUESTIONS AND VERIFIED ANSWERS
|RECENTLY TESTING REAL EXAM QUESTIONS|
100% SOLVED!!
Save
Terms in this set (36)
Investments Financial assets such as stocks and bonds
-Banks (commercial and investment), credit unions,
savings and loans
Financial Institutions -Insurance companies
-Brokerage firms
-Mutual funds/Hedge funds
-Managing the firm's short/long-term investments
Corporate Finance -Financing the firm's growth
-Returning capital to stakeholders
1.) Sole Proprietorship
2.) Partnership
Forms of Business
--General
Organization
--Limited
3.) Corporation
https://quizlet.com/1048363034/fin-300-exam-1-2025-complete-exam-questions-and-verified-answers-recently-testing-real-exam-questions-100-solved… 1/7
, 5/26/25, 9:33 PM FIN 300 Exam 1 2025 COMPLETE EXAM QUESTIONS AND VERIFIED ANSWERS |RECENTLY TESTING REAL EXAM QUESTI…
Definition: business owned by one person
-ADVANTAGES:
1.) Easiest to start
2.) Least regulated
3.) Single owner keeps all of the profits
4.) Taxed once as personal income
Sole Proprietorship
-DISADVANTAGES:
1.) Limited to life of owner
2.) Equity capital limited to owner's personal wealth
3.) Unlimited liability
4.) Difficult to sell ownership interest
Definition: business owned by two or more persons
-ADVANTAGES:
1.) Two or more owners
2.) More capital available
3.) Relatively east to start
4.) Income taxed once as personal income
Partnership
-DISADVANTAGES:
1.) Unlimited liability
--General partnership
--Limited partnership
2.) Partnership dissolves when one partner dies or
wishes to sell
3.) Difficult to transfer ownership
https://quizlet.com/1048363034/fin-300-exam-1-2025-complete-exam-questions-and-verified-answers-recently-testing-real-exam-questions-100-solved… 2/7
