FIN 300 Lecture Notes - Lecture 1: Current Liability, Market Capitalization, Bid Price
Document Summary
Fin300 - week 1 - notes (chapter 1 & 2) Friday 9am-12 pm, section 021, dundas square 14 theatre trs 1-070. Action item - by the mylab () from pearson. Action item - enter your instructor"s course id: finance93803. Action item - course name details fin 300-021 fall 2017 (mcgraw). Finance - the management of large amounts of money, especially by governments or large companies. Sole proprietorship - self owned / unlimited personal liability / limited life / difficult to transfer ownership. Partnership - partners / split income / taxed at personal level / different levels of ownership. General partnership - unlimited liability / partnership ends with death / personally liable. Limited partnership - limited partner has limited involvement in business activity. Limited liability partnership (llp) - partial limitation of a partner"s liability. Corporation - separate entity / only responsible for its own organizations / limited liability / stocks. Private corporation - private content not openly shared with the public.