1. Your

corporation needs additional capital to fund an expansion. Discuss the advantages and disadvantages of raising capital through the issuance of stock. Would debt be a better option? Why or why not?

2. How

many shares of stock should your new corporation authorize? How did you arrive at your number?

3.

What factors should a new company consider in deciding in which state to incorporate?

4.

What are some of the reasons a business owner might choose the corporate form of business?

5.

Why would a company repurchase its own stock?