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1. According to the textbook what is the definition of a corporation, 2 Describe fully three advantages of the corporate form of ownership. 3. Describe

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1. According to the textbook what is the definition of a corporation, 2 Describe fully three advantages of the corporate form of ownership. 3. Describe fully three disadvantages of the corporate form of ownership. 4. Describe fully the three steps in forming a corporation 5. Explain the two classes of stock. 6. Describe the three conditions necessary for a corporation to issue cash dividends

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