SELF-TEST QUESTIONS AND PROBLEMS
(Solutions Appear in Appendix A)
ST-1 Key terms Define each of the following terms:
a. Proprietorship; partnership; corporation; S corporation
b. Stockholder wealth maximization
c. Intrinsic value; market price
d. Equilibrium; marginal investor
e. Business ethics
f. Corporate raider; hostile takeover
g. Chairman of the board; compensation committee
h. CEO; COO; CFO
