FIN 419 (Finance for Decision Making)Week 1Week 1 DQ 1What is a limited liability corporation? What is a limited liability partnership? What are the differences? What are the advantages and disadvantages of each?Week 1 DQ 2What is a sensitivity analysis? What is a scenario analysis? How would you apply each one to a potential investment opportunity? How would you use the information from this analysis? Explain. Week 1 DQ 3What are some risk management techniques? How would you use portfolio management to assess the risk and return of an investment? Predict how the results would be different based on different risk preferences?Week 1 DQ 4Based on your assessment of risk using portfolio Management what factors would you use to make different risk preferences?Week 1 Assignments: Limited Liability Corp. and Limited Liability Partnership (750+ Words)