A New Corporation Forms Every Time There Is a Change
A new corporation forms every time there is a change in ownership in the shares of common stock.
A stockholder has the right to vote in the election of the board of directors.
The charter reveals the number of shares of common stock a corporation can sell.
Which of the following is NOT considered to be an advantage of forming a corporation?
C)Ability to raise more money
D)Limited liability of owners for corporation's debts