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Following is a list describing various features of the corporate form of organization. Match each feature with an appropriate descriptive term, and note whether this

Following is a list describing various features of the corporate form of organization. Match each feature with an appropriate descriptive term, and note whether this feature is an advantage or disadvantage of the corporate entity.
TERM ADVANTAGE OR DISADVANTAGE
The ability of a company to raise capital by issuing shares to the public Publicly Traded Advantage
The ability of an existing shareholder to sell shares without corporate approval
The ability of the government to tax corporate earnings and dividends
Periodic regulatory filings
The ability of different individuals to pool resources
The inability of creditors to pursue individual shareholders
The life of the entity can exceed the life of the shareholders
TERMS:
Limited Liability
Double Taxation
Perpetual Existence
Transferability of Ownership
Mutual Ownership
Cost of Regulation
Publicly Traded

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