Ude tecent beof recalis, Soulhsost Steakhoerse is considering incorporating. Bob, the ownor, wants to protect has personal assets in the owent the restaurant is sucd. Requirements 1. Which advantaga of incorporating is inost appleable? What are other adyantages of organizing as a corpocale onbty? 2. What are some disadvantages of organtring as a cerporation? Requirement 1. Which advantage of incorporating is most applicable? What are other advantages of organizing as a corporate entity? First answer which advantage of incorporating is most applicable in protecting Bob's personal assets? A. Stockholders have limited liability. B. There is a mutual agency among the slockholders. C. The transfer of corporate ownership is easy. D. A corporation has continuous life. E. Corporations can raise more money to pay for govornment rogulations. What are other advantages of organizing as a corporate entity? (Select three that apply.) A. All income and expenses are split evenly among the shareholders. B. A corporation has continuous life. C. The corporation is taxed separately from the shareholders. D. It does not allow stockholders to bind the business to a contract. E. Start-up costs are lower than other business forms. F. There is no mutual agency among the stockholders and the corporation. G. A majority vote is all that is required for any business decision