Define each of the following terms a Proprietorship partnership corporation b Limited partnership limited liability partnership professional corporation c Shareholder wealth maximization d Money market capital market primary market secondary market e Private markets public markets derivatives f Inv...

a A proprietorship or sole proprietorship is a business owned by one individual A partnership exists when two or more persons associate to conduct a business In contrast a corporation is a legal entit ...

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

Question:

Define each of the following terms:
a. Proprietorship; partnership; Limited partnership; limited liability partnership; professional
c. Shareholder wealth maximization
d. Money market; capital market; primary market; secondary market
e. Private markets; public markets; derivatives
f. Investment banker; financial intermediary
g. Mutual fund; money market fund
h. Production opportunities; time preferences for consumption
i. Foreign trade deficit Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...