aim Auditor .Illinois Stuff Q HMSFILE PPS PPS ou Medicarerates - School NPPES N T 11 Next to the following list of eight characteristics of business organizations, select a brief description of how to corporations Descriptions Characteristic 1. Owner authority and control 2. Ease of formation 3. Transferability of ownership 4. Ability to raise large capital amounts 5. Duration of life 8. Owner liability 7. Legal status 8 Tax status of income