Here are all the follow requirements. What would be the correct answers for these ?

1.	What is the main advantage they gain by selecting a corporate form of business? now?
2.	Would you recommend they initially issue preferred or common? stock? Why?
3.	If they decide to issue $1 par common stock and anticipate an initial market price of $45 per? share, how many shares will they need to issue to raise $2,025,000??