Question

Advantages and disadvantages of forming a corporation

Answer 1

The owners' assets are protected from the debts and liabilities of the corporation. Shareholders are not held liable for business losses. Easier to raise capital. It is easier to attract capital with the sale of stocks and bonds

Answer 2

The owners' assets are protected from the debts and liabilities of thecorporation. Shareholders are not held liable for business losses. Easier to raise capital. It is easier to attract capital with the sale of stocks and bonds.