Match the terms relating to the basic terminology and concepts of corporate finance on the left with the descriptions of the terms on the right. Read each description carefully and type the letter of the description in the Answer column next to the correct term. These are not necessarily complete definitions, but there is only one possible answer for each term.

Term

Finance

Corporation

Treasurer

Limited liability

Business ethics

Limited partner

Double taxation of dividends

Answer

Description

A$.$ This benefit is conferred by the corporate form of organization in which an investor's personal responsibility for the debts of the business are limited to the amount the investor has invested in the firm.

B$.$ This is the present worth of the future cash flows generated by an asset or firm, discounted at a rate appropriate for the riskiness of the cash flows.

C$.$ This term describes the individuals and groups whose needs and wants should be identified and addressed in order to generate higher returns for the firm and ensure its viability.

D$.$ This corporate officer is responsible for managing the firm's cash and short$-$term investments, pension fund, and risks.

E$.$ This code of behavior specifies how the firm and its employees will treat employees and stakeholders.

F$.$ This member of a partnership has the privilege of not having personal assets at risk in the event of the failure of the partnership.

G$.$ This state$-$created entity is authorized to conduct business and offer its owners an investment with an unlimited life.