Darron loves his career because it mostly fits in with his lifestyle. He likes how he is able to make a lot of money and stay very busy while at work. He also likes that he travels a lot and gets to see new places. He thinks that one of the reasons he is successful is that he enjoys the competition in his career that some people would find stressful. However, he wishes he had more time at home with his family. Which aspect of Darron’s career matches his lifestyle but is also in conflict with some of his desires?

busyness while at work
earning money
frequent travel
strong competition

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.