Question

Using a list of corporate characteristics, the student willindicate whether the characteristic is an advantage or adisadvantage for the corporate form

Does anybody know how to start figuring which is an ADVANTAGE orDISADVANTAGE???

Options or term examples are

1. Ownership and management are separated

2. The entity has a continuous life.

3. Transfer of ownership is easy.

4. Stockholder's liability is limited.

5. Exposure to double taxation is evident, (that sounds bad)

6. An entity can raise MORE money than a partnership or soleproprietorship.

7. Government regulation is expensive.

Financial Accounting