• CO1 - Summarize the advantages and disadvantages of a sole proprietorship, partnership, and corporation.
• CO2 - Define limited liability.
• CO3 - Explain how corporations use stock to raise capital.
• CO4 - Explain the legal "personhood" of a corporation.

Please answer the following questions with supporting examples and full explanations.

1. For each of the learning objectives, provide an analysis of how the course supported each objective.
2. Explain how the material learned in this course, based upon the objectives, will be applicable to the professional application.