Finance

The two most fundamental aspects of a corporation (as a form of busine

The two most fundamental aspects of a corporation (as a form of business organization) that lead to not only tremendous economies of scale and scope (as a positive) but also are linked to the financing problems that we address in the course (as a negative) are: a. the separation of ownership and control AND private […]

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Date: September 19th, 2020

Lenders recognize that by having an interest in collateral they can re

Lenders recognize that by having an interest in collateral they can reduce losses if the borrowing firm defaults, ________. A) and the presence of collateral reduces the risk of default B) but the presence of collateral has no impact on the risk of default C) therefore lenders prefer to lend to customers from whom they […]

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Date: September 19th, 2020