Client1 I am 16 years old and I love little kids. I like to organize special events—like birthday parties
for children. I have decided that a great way to eam extra money is to provide families with
children's birthday parties for a modest fee. I do it all-arrange the food supply the music,
decorate the party room play games, give away small prizes, eren play the part of Bongo, the
Birthday Clown. Families I know love the idea. I have an advertising plan figured out, with
posters to put up at the local grocery stores.
What type of business organization do you recommend? Why?

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.