1) Which of the following best describes the goal of the firm?A. The maximization of the total market value of the firms common stock]B. Profit maximizationC. Risk minimizationD. None of the above2) Which of the following categories of owners have li
1) Which of the following best describes the goal of the firm?A. The maximization of the total market value of the firms common stock]B. Profit maximizationC. Risk minimizationD. None of the above2) Which of the following categories of owners have limited liability?A. General partnersB. Sole proprietorsC. Shareholders of a corporationD. Both a and b3) __________ is a method of offering securities to a limited number of investors.A. Public offeringB. Syndicated underwritingC. Initial public offeringD. Private placement4) Which of the following does NOT involve underwriting by an investment banker?A. Syndicated purchasesB. Commission basis purchasesC. Competitive bid purchasesD. Negotiated purchases