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Chapter 1 & 2

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CHAPTER 1
1-1
Define each of the following terms:
a. Proprietorship: A business owned by one individual.
Partnership: A partnership exists when two or more persons associate to conduct business.
Corporation: A corporation is a legal entity created by a state. The corporation is separated and distinct from its owner and managers.
b. Limited partnership: A partnership in which limited partners’ liabilities, investment returns, and control are limited: general partners have unlimited liability and control.
Limited Liability Partnership: A limited liability partnership (LLP), sometimes called a limited liability company (LLC), combines limited liability advantage of a corporation with the tax advantages of a partnership.
Professional Corporation (PC): Has most of the benefits of incorporation but the participants are not relieved of professional (malpractice) liability; known in some states as professional associations (PA).
c. Stockholder wealth maximization: The basic principle where managers and decision makers are working on the behalf of the stockholders to enhance the shareholder value. Management’s primary objective should be stockholder wealth maximization.
d. Money market: A financial market for debt securities with maturities of less than 1 year (short-term). The New York money market is the world’s largest.
Capital market: Capital markets are the financial markets for long-term debt and corporate stocks. The New York Stock Exchange is an example of a capital market.
Primary market: Markets in which newly issued securities are sold for the first time.
Secondary market: Markets in which securities are resold after initial issue in the primary market. The New York Stock Exchange is an example.
e. Private markets: Markets in which transactions are worked out directly between two parties and structured in any manner that

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...count < 100 is always true at Point A count < 100 is always false at Point C 3 0 AB CD 1 3 5 7 9 Pattern C The program may not stop because of the phenomenon referred to as numerical inaccuracy for operating with floating-point numbers. The program compiles despite the semicolon (;) on the for loop line, and displays 14. The for loop in this program is same as for (i = 0; i < 10; i++) { }; System.out.println(i + 4); add 0.01, 0.02, i is 4 followed by 9 is not prime The program compiles and runs, but it is not effient and unnecessary to execute the Scanner input = new Scanner(System.in); statement inside the loop. You should move the statement before the loop. int count = 0; while (count < 10) {    System.out.println("Welcome to Java");    count++; 10 int count = 0; while (count++ < 10) {    System.out.println("Welcome to Java"); 10 int count = 0; do {    System.out.println("Welcome to Java");    count++; } while (count < 10); 10 int count = 0; do {    System.out.println("Welcome to Java"); } while (count++ < 10); 11 int count = 0; do {    System.out.println("Welcome to Java"); } while (++count < 10); 10 nt count = 0; do {    System.out.println("Welcome to Java"); } while (count++ < 9); System.out.println(count); 10 double sum = 0; for (double d = 0; d < 10;) {    d += 0.1;    sum += sum + d; The program compiles and runs fine. for (int i = 0; i<10; ++i) {    sum += i;  } ...

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