ADVANTAGES • Limited liability - Each owner’s financial liability is limited to the amount of money that he or she has paid for the corporation’s stock • Ease of raising capital • Ease of transfer of ownership • Perpetual life • Specialized management
ADVANTAGES• Limited liability- Each owner’s financial liability is limited to the amount of money that he or she has paid for the corporation’s stock• Ease of raising capital• Ease of transfer of ownership• Perpetual life• Specialized management