Chapter 3: Ownership of Firms

Front

关于公共企业，以下哪项描述是正确的？
A. 公共企业不面临来自私营企业的竞争。
B. 并非所有公共企业都以利润最大化为目标。
C. 公共企业的利润高于私营企业。
D. 所有公共企业都发行股票以筹集资金。

Back

并非所有公共企业都以利润最大化为目标。

Answer explanation

B is correct because not all public enterprises prioritize profit maximization; some focus on social welfare or public service. A is incorrect as public enterprises can face competition, C is not universally true, and D is false as not all issue shares.

Front

克里斯经营一家光学商店，最初是个体经营。后来，他的朋友们加入他一起经营商店，商店变成了合伙企业。以下哪个最有可能是这一行动的动机？
Options: 享受有限责任, 在决策上有更多灵活性, 获得独立的法律地位, 扩大资本来源

Back

扩大资本来源

Answer explanation

The transition from a sole proprietorship to a partnership allows Chris to pool resources with his friends, thereby expanding the sources of capital for the shop, which is crucial for growth and sustainability.

Front

将个体经营转变为私人有限公司的优势有哪些？
(1) 公司可以享有更好的连续性。
(2) 公司可以拥有更广泛的资本来源。
(3) 平均生产成本可以更低。
(4) 公司可以对其所有权进行更严格的控制。

Back

公司可以享有更好的连续性和拥有更广泛的资本来源。

Answer explanation

Turning a sole proprietorship into a private limited company offers better continuity (1) and wider sources of capital (2). Lower average production costs (3) and tighter ownership control (4) are not guaranteed advantages.

Front

与合伙企业相比，成为上市公司的以下哪项不是优势？
A. 股东的损失仅限于他们在公司的投资金额。
B. 公司的会计信息可以保密。
C. 资本来源更广泛。
D. 公司具有持久的连续性。

Back

公司的会计信息可以保密。

Answer explanation

B is correct because public limited companies must disclose financial information, unlike partnerships where accounting can be kept private. The other options highlight advantages of public limited companies.

Front

Mavis、George 和 Amanda 是香港 XYZ 娱乐有限公司的所有者。后来，他们将公司转变为合伙企业。以下哪项陈述是正确的？

Back

该公司支付的利润税率低于之前。

Answer explanation

D is correct because partnerships in Hong Kong are generally taxed at a lower rate than corporations, leading to potential tax savings for the owners compared to their previous corporate structure.

Front

一家香港连锁小吃店从私人有限公司转变为上市公司后会发生什么变化？

Back

公司面临更大的被收购风险。

Answer explanation

After becoming a listed company, the Hong Kong snack store is more exposed to market dynamics, making it easier for other companies to acquire it, thus increasing the risk of takeover (Choice C).

Front

如果一家公司只需向其股东披露财务报表，并且该公司可以被另一家公司起诉，那么该公司是 __________ 。

Back

私人有限公司

Answer explanation

A private limited company discloses financial statements only to its shareholders and can be sued by other firms, distinguishing it from public companies that must disclose to the public.

Front

周小姐的精品店倒闭了。她不需要使用个人资产来偿还精品店的未偿债务。周小姐的精品店是一个 ____________ 。

Back

私人有限公司或公众有限公司

Answer explanation

Miss Chow's boutique does not require her personal assets for debt settlement, indicating limited liability. This is characteristic of a private limited company or a public limited company, making D the correct choice.

Front

A公司在更改商业所有制形式后，必须支付更高的利润税率，并面临被收购的更高风险。A公司可能已从 ________ 改变为 _________ 。选项：个人独资企业 … 公共有限公司, 合伙企业 … 私人有限公司, 私人有限公司 … 公共有限公司, 公共有限公司 … 合伙企业

Back

个人独资企业 … 公共有限公司

Answer explanation

Firm A likely changed from a sole proprietorship to a public limited company, which typically incurs higher profits tax and is more vulnerable to takeovers due to its larger shareholder base.

Front

根据上述信息，A公司是一个 _______ 而B公司是一个 _______ 。
Options: A. 公众有限公司 … 私人有限公司, B. 公众有限公司 … 合伙企业, C. 合伙企业 … 公众有限公司, D. 私人有限公司… 合伙企业

Back

A公司是一个公众有限公司而B公司是一个合伙企业。

Answer explanation

Firm A is identified as a public limited company, which allows shares to be traded publicly, while firm B is a partnership, indicating it is owned by two or more individuals without public share trading.