Question: Define and discuss each of the following by providing at least 2 practical examples: Limited Partnership; Limited Liability partnership; Professional corporation? A friend asked you to...

Question: Define and discuss each of the following by providing at least 2 practical examples:

1. Limited Partnership; Limited Liability partnership; Professional corporation?


2. A friend asked you to reveal important financial information of the company, being a finance manager of the company what would you do? Justify by considering ethics in finance.


3. Describe mechanisms that motivate managers to act in stockholders’ best interests, and to overcome agency problem?