One drawback of switching from a partnership to the corporate form of organization is the following:
a. it subjects the firm to additional regulations.
b. it cannot affect the amount of the firm's operating income that goes to taxes.
c. it makes it more difficult for the firm to raise additional capital.
d. it makes the firm's investors subject to greater potential personal liabilities.
e. it makes it more difficult for the firm's investors to transfer their ownership interests.

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.