1. In 1939, Bill and Dave changed their form of business ownership from a partnership to a corporation under the name Hewlett-Packard. Characterize this form of business ownership by addressing the following:
2. Describe two advantages of this form of business ownership.
3. Describe two disadvantages of this form of business ownership.

Answer rating: 100% (QA)

Characteristics of a Corporation Advantages 1 Limited Liability One of the main advantages of a corp... View the full answer