Question: please answer correct with explanation no copy paste Identify each of the following characteristics as being an advantage or a disadvantage of the corporate form

please answer correct with explanation no copy paste

Identify each of the following characteristics as being an advantage or a disadvantage of the corporate form of business or not applicable to the corporate form of business organization. Characteristics 1. Separate legal entity Advantage 2. Taxable entity resulting in additional taxes Advantage and Disadvantage Disadvantage 3. Continuous life Not Applicable 4. Unlimited liability of owners 5. Government regulation 6. Separation of ownership and management 7. Ability to acquire capital B. Ease of transfer of ownership

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