3 What might a valid reason for a company in the USA to remain its operations as LLC and refuse to become a corporation? (10 Points) profitability double taxation life of the business beyond the owner's death limited liability 4 "On May 18, 2012, Facebook held its initial public offering (IPO) and, it offered 421,233,615 shares at $38 with the help of the help of Morgan Stanley investment bank." Buying one of these stocks as part of the IPO would be a transfer of funds and it would take place at the market (10 Points) direct primary Indirect: secondary an indirect: primary direct secondary