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

Question

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

Quizplus · Accepted Answer

The Answer is

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

Following Is a List of Advantages and Disadvantages of the Corporate