$1.$ Basic concepts $-$ Financial management

Select the term that corresponds to each of the given descriptions. $($Note: There is only one possible answer for each description.$)$

Descriptions Terms

An investor$$s personal responsibility for the business$$s liabilities can never be less than zero or more than the amount invested in the firm$$s common shares.

This partner is not allowed to participate in the day$-$to$-$day management of the partnership.

This goal of financial management is measured by the effect of a decision or an action on the price of the firm$$s common stock.

This business organization is owned by shareholders and managed by professional managers.

This position and title is held by the individual responsible for planning and managing how the firm is financed, when its funds are raised, and how its risks are managed.