Following Is a List of Advantages and Disadvantages of the Corporate

question 68

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).
$$\begin{array} { | l | l | } \hline \text { Corporate Characteristic } & \begin{array} { l } \text { Advantage (A) or } \\\text { Disadvantage (D) }\end{array} \\\hline \begin{array} { l } \text { Entity can raise more money than a partnership or sole } \\\text { proprietor. }\end{array} & \\\hline \text { Startup costs are higher than other business forms. } & \\\hline \text { Stockholders' liability is limited. } & \\\hline \begin{array} { l } \text { There is no mutual agency among the stockholders and } \\\text { the corporation. }\end{array} & \\\hline\end{array}$$

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Definitions:

Damaged Tooth

A tooth that is broken, chipped, or decayed, which can affect its appearance and functionality.

Painful Injury

An injury or damage to the body causing pain or distress.

Lost Work

Creatively or historically significant pieces of art, literature, or music that have been destroyed, lost, or otherwise cannot be located or accessed anymore.

Stakeholders

Individuals or groups that have an interest or stake in the outcome of a company's actions, including employees, customers, investors, and suppliers.