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Following is alist describing various features of the corporate form oforganization. Match each feature with an appropriate descriptiveterm, and note whether this feature is an advantage or disadvantageof the corporate entity.
TERM ADVANTAGE ORDISADVANTAGE
The ability of a company toraise capital by issuing shares to the public Publicly Traded Advantage
The ability of an existingshareholder to sell shares without corporate approval
The ability of the governmentto tax corporate earnings and dividends
Periodic regulatoryfilings
The ability of differentindividuals to pool resources
The inability of creditors topursue individual shareholders
The life of the entity canexceed the life of the shareholders
TERMS:
Limited Liability
Double Taxation
Perpetual Existence
Transferability ofOwnership
Mutual Ownership
Cost of Regulation
Publicly Traded

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Nelly Stracke
Nelly StrackeLv2
28 Sep 2019

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