1. Explain at least two (2) advantages and two (2) disadvantages of the partnership business formation. Provide relevant examples of each to support the response.
2. Discuss the signal a large stock repurchase might foretell about management's outlook relative to the future of a company. Explain whether a repurchase of stock is typically a good or bad sign. Provide a rationale for your response.
3. Compare the major advantages of cash dividends and stock dividends that investors should look for when attempting to choose between two (2) publically traded companies. Discuss your preference for either cash dividends or stock dividends, and support your position with real-world examples of the advantages of your preference.