Define each of the following terms: a. Proprietorship; partnership; corporation b. Limited partnership; limited liability partnership; professional

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Define each of the following terms:

a. Proprietorship; partnership; corporation
b. Limited partnership; limited liability partnership; professional corporation
c. Stockholder wealth maximization
d. Money market; capital market; primary market; secondary market
e. Private markets; public markets; derivatives
f. Investment banker; financial services corporation; financial intermediary
g. Mutual fund; money market fund
h. Physical location exchanges; computer/telephone network
i. Open outcry auction; dealer market; electronic communications network (ECN)
j. Production opportunities; time preferences for consumption
k. Foreign trade deficit

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Financial management theory and practice

ISBN: 978-1439078099

13th edition

Authors: Eugene F. Brigham and Michael C. Ehrhardt

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