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