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ERAU MBAA518 module 1 Readings and Videos Quiz 1
- Exam (elaborations) • 11 pages • 2019
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Question
Question 1
2 / 2 pts
The corporate document that sets forth the business purpose of a firm is the:
state tax agreement.
corporate bylaws.
articles of incorporation.
indenture contract.
debt charter.
Question 2
2 / 2 pts
Agency costs refer to:
the total dividends paid to stockholders over the lifetime of a firm.
the costs that result from default and bankruptcy of a firm.
the costs of any conflicts of interest between stockholders and management.
the total interest paid to creditors over...
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