Question: 1. a) What are the primary differences between a sole proprictorship, a partnership, and a corporation? [6 marks) b) Discuss using a real-life example, TWO

 1. a) What are the primary differences between a sole proprictorship,

1. a) What are the primary differences between a sole proprictorship, a partnership, and a corporation? [6 marks) b) Discuss using a real-life example, TWO (2) Principles of Finance that managers need to consider when making decisions. [6 marks) c) Why is ethics relevant to the financial management of a firm? [4.7marks] 2. a) Discuss the concept of Sales and Lcascback arrangements. b) Explain five important advantages of leasing as a form financing c) Explain the concept of 'synergy' as a rationale for Mergers [6 marks] [6 marks) [4.7 marks)

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