Tultiple Choice - 3 points each ndicate the answer choice that best completes the statement or answers the question. 8. Which one of the following can be considered to be both an advantage and a disadvantage of the corporate form of organization? a. Corporate management b. Separate legal existence c. Continuous life d. Limited liability of owners If Vickers Company issues 5,000 shares of $5 par value common stock for $175,000, a. Common Stock will be credited for $175,000. b. Paid-In Capital in Excess of Par - Common Stock will be credited for $150,000, c. Paid-In Capital in Excess of Par - Common Stock will be credited for $25,000. d. Cash will be debited for $150,000