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    Advantages and disadvantages to the corporate form

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    Prepare a proposal to the CEO in which you discuss what the advantages and disadvantages to the corporate form of doing business.

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    Corporation

    A corporation is a legal entity that is separate from its owners, the shareholders. No shareholder of a corporation is personally liable for the debts, obligations or acts of the corporation. Directors, officers and insiders can bear some liability for their involvement with the corporation. A corporation can be formed at either the federal or provincial level.

    A corporation is identified by the terms "Limited", "Ltd.", "Incorporated", "Inc.", "Corporation", or ...

    Solution Summary

    This explains the advantages and disadvantages to the corporate form.

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