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Unformatted text preview: Name: Date: Section: B-14.01 FEATURE TERM Publicly traded Advantage Transferability of Ownership Advantage Double Taxation Disadvantage Periodic regulatory filings Cost of regulation Disadvantage Mutual Ownership Advantage Limited Liability Advantage Perpetual Existence Advantage ADVANTAGE OR DISADVANTAGE The ability of a company to raise capital by issuing shares to the public The ability of an existing shareholder to sell shares without corporate approval The ability of the government to tax corporate earnings and dividends The ability of many individuals to pool resources The inability of creditors to pursue individual shareholders The life of the entity can exceed the life of the shareholders...
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- Spring '11
- Corporation, Limited Liability Company, Limited company, Periodic regulatory filings