FINANCE, 13TH EDITION (LAWRENCE
J. GITMAN, CHAD J. ZUTTER)
CHAPTER 1: THE ROLE OF
MANAGERIAL FINANCE QUESTIONS
AND ANSWERS
financelo-loanswer--theloscienceloandloartlooflomanaginglomoney
financialloserviceslo-loanswer--
theloarealooflofinanceloconcernedlowithlothelodesignloandlodeliveryloofloadviceloandlofinanciall
oproductslotoloindividuals,lobusinesses,loandlogovernments
manageriallofinancelo-loanswer--
concernslothelodutieslooflothelofinanciallomanagerloinloalobusiness
financiallomanagerlo-loanswer--
activelylomanageslothelofinancialloaffairsloofloalllotypeslooflobusinesses,lowhetherloprivateloo
rlopublic,lolargeloorlosmall,loprofitloseekingloorlonotloforloprofit
soleloproprietorshiplo-loanswer--
alobusinessloownedlobyloonelopersonloandlooperatedloforlohisloorloherloownloprofit
unlimitedloliabilitylo-loanswer--
theloconditionloofloalosoleloproprietorshiplo(orlogenerallopartnership),logivinglocreditorslothelo
rightlotolomakeloclaimsloagainstlotheloowner'slopersonalloassetslotolorecoverlodebtsloowedlob
ylothelobusiness
partnershiplo-loanswer--
alobusinessloownedlobylotwoloorlomorelopeopleloandlooperatedloforloprofit
articleslooflopartnershiplo-loanswer--
thelowrittenlocontractlousedlotoloformallyloestablishloalobusinesslopartnership
corporationlo-loanswer--anloentitylocreatedlobylolaw
stockholderslo-loanswer--
theloownersloofloalocorporation,lowhoseloownership,loorloequity,lotakeslotheloformloofloeitherlo
commonlostockloorlopreferredlostock