Following Is a List of Advantages and Disadvantages of the Corporate

question 185

Essay

Following is a list of advantages and disadvantages of the corporate form of business. Identify each characteristic as either an advantage (A) or a disadvantage (D).
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$\begin{array}{|l|l|}\hline\text { Corporate Characteristic } & \begin{array}{c}\text { Advantage (A) or } \\\text { Disadvantage (D) }\end{array} \\\hline \text { Entity can raise more money } & \\\text { than a partnership or sole } & \\\text { proprietor. } & \\\hline \text { Startup costs are higher than } & \\\text { other business forms. } & \\\hline \text { Stockholders' liability is limited. } & \\\hline \text { There is no mutual agency } & \\\text { among the stockholders and the } & \\\text { corporation. }\\\hline\end{array}$

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Definitions:

Elimination

A method used in algebra to solve systems of equations by removing variables to find their values.

Linear Equations

Equations between two variables that produce a straight line when graphed on a Cartesian coordinate system.

Method Of Elimination

A technique for solving systems of equations by adding or subtracting the equations to eliminate one of the variables.

Initial Investment

The starting amount of money put into an investment or project.