Hello tutors, I just need the meaning/explanations and examples for the advantages (i-vii)and disadvantages (i-v) of forming a corporation:

Advantages of forming a corporation I. ii. iii. iv. v. vi. vii. Continuity of existence Limited liability on the part of investors Strong juridical personality Legal capacity to act as a distinct unit Centralized management Ease in transferability of shares of stocks in case of stock corporation Ease in raising funds Disadvantages of forming a corporation i. High cost of formation ii. Little voice of stockholders in management iii. Weakened credit rating because of limited liability feature iv. Being subject to greater degree of governmental regulation v. More taxes particularly indirect double taxation