Hana Ascot is planning to start a business. Identify for Hana the advantages and disadvantages of the corporate form of business organization.

1.		Separate legal existence		select an option DisadvantageAdvantage
2.		Limited liability of stockholders		select an option DisadvantageAdvantage
3.		Corporate managementseparation of ownership and management		select an option AdvantageDisadvantage
4.		Transferable ownership rights		select an option AdvantageDisadvantage
5.		Ability to acquire capital		select an option AdvantageDisadvantage
6.		Government regulations		select an option AdvantageDisadvantage
7.		Continuous life		select an option AdvantageDisadvantage
8.		Additional taxes		select an option AdvantageDisadvantage
9.		Corporate managementprofessional managers