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Following Is a List of Advantages and Disadvantages of the Corporate

question 140

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).
 Corporate Characteristic  Advantage (A) or  Disadvantage (D)  Entity has continuous life.  Exposure to double taxation is evident.  Government regulation is expensive.  Transfer of ownership is easy. \begin{array} { | l | l | } \hline \text { Corporate Characteristic } & \begin{array} { l } \text { Advantage (A) or } \\\text { Disadvantage (D) }\end{array} \\\hline \text { Entity has continuous life. } & \\\hline \text { Exposure to double taxation is evident. } & \\\hline \text { Government regulation is expensive. } & \\\hline \text { Transfer of ownership is easy. } & \\\hline\end{array}


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