It is usually easier for a C corporation to obtain debt hnancing compared to businesses organized in alternative legal forms because: aC corporation can issue stock OaC corporation has a board of advisors who act as fiduciaries for the corporation's lenders O due to securities regulations, tax concerns, and their own legal form of business organization, many investors can or will invest only in C corporations. O lenders get to choose to whom they want to make a loan and, as a result, business credit is often reserved for larger, more sophisticated businesses that have a formal legal structure in place, like a corporation

Match the following terms to their correct definition

3. John is president and sole shareholder of Photo, Inc.  Photo, Inc. wishes to borrow money, but to do so, the bank requires John to orally guarantee to repay the loan if Photo, Inc. cannot.  Examine the validity of John’s oral guarantee.

1 The most important exemption from the prospectus requirement are the "Accredited Investors" provisions in the Securities Act. Who are defined as Accredited Investors? Multiple Choice Banks and investment dealers. Individuals and their spouses owning net financial assets exceeding $1 million; and individuals who, either alone or with a spouse, have net assets of at least $5 million. Banks, investment dealers and governments. All of these are accredited investors. Governments.

What is bought and sold in the equities market? What’s the difference between an LLC and a standard limited liability corporation (aka, a “C” corporation in IRS parlance)? Explain what is meant by “the corporate veil” and “piercing the corporate veil”? What is an insurance reserve AND is it an asset or a liability on the insurer’s financial statements? What’s the difference between a profit statement and a net worth statement? How does an insurer make a profit in each of these three categories? Underwriting Profit Investment Profit Operations Profit Explain why the twin financial mandates of solvency and profitability create a conflict for an insurer.