Indicate whether the following characteristics of the corporate form of business are considered to be an advantage or disadvantage.
1. Separate legal entity
2. Ability to raise capital
3. Continuous life
4. Double taxation of corporate earnings
5. Separation of ownership and management
6. Ease of ownership transfer
7. Government regulation
8. Limited liability of stockholders

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The Answer of Indicate whether the following characteristics of the corporate form of business are considered to be an advantage or disadvantage.
1. Separate legal entity
2. Ability to raise capital
3. Continuous life
4. Double taxation of corporate earnings
5. Separation of ownership and management
6. Ease of ownership transfer
7. Government regulation
8. Limited liability of stockholders

Indicate Whether the Following Characteristics of the Corporate Form of Business