10. Which one of the following is not an advanta t e corporate form of organization a Limited liability of owners b. Separate legal existence c. Continuous life d. Taxation 1. Vickers Company issues 5,000 shares of S2 par value common stock for $175.000 a. Common Stock will be credited for $175,000. b. Paid-In Capital in Excess of Par will be credited for $10,000. c. Paid-In Capital in Excess of Par will be credited for $150,000. d. Paid-In Capital in Excess of Par will be credited for $165,000. 12. Preferred stock would least likely have which characteristic? a. The right of the holder to transfer ownership. b. The right of the holder to vote at stockholders' meetings. c. Preference as to assets upon liquidation of the corporation d. Preference as to dividends