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QUESTION 1 a. What is a corporation? Why might founders have chosen to form a corporation rather than a partnership? What are the advantages and

QUESTION 1 a. What is a corporation? Why might founders have chosen to form a corporation rather than a partnership? What are the advantages and disadvantages of incorporation? b. What are the basic types of shares (stocks) in a corporation? c. How is the issuance of shares (stocks) accounted for

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