Question
Using a list of corporate characteristics, the student will indicate whether the characteristic is an advantage or a disadvantage for the corporate form Does anybody
Using a list of corporate characteristics, the student will indicate whether the characteristic is an advantage or a disadvantage for the corporate form
Does anybody know how to start figuring which is an ADVANTAGE or DISADVANTAGE???
Options or term examples are
1. Ownership and management are separated
2. The entity has a continuous life.
3. Transfer of ownership is easy.
4. Stockholder's liability is limited.
5. Exposure to double taxation is evident, (that sounds bad)
6. An entity can raise MORE money than a partnership or sole proprietorship.
7. Government regulation is expensive.
Financial Accounting
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