For a business to be considered a corporation: Multiple Choice it must issue both common and preferred stock. its stock must be sold in very large amounts. it must be organized as a separate legal entity. it must pay dividends.

it must be organized as a separate legal entity.

Explanation:

A corporation is a business that is owned by shareholders. The corporation is a separate legal entity and so it can sue and be sued, pay taxes and own assets.

Advantages of a corporation include :

1.they have unlimited liabilities

2.they have unlimited life. the business doesn't end even after the death of the owners unlike a sole proprietorship

3.they have more access to capital

Disadvantages of a corporation include :

high cost of setting up  Earnings to shareholders are taxed twice

A corporation can only issue one type of share

A corporation is under no obligation to pay dividends

Stocks of a corporation can either be sold in large or small amounts

In the 10th grade, i was teamed up in a group of four. our project was on modern history. altho it seemed super hard for many of us. patrick fleming  took charge and showed us the understanding of this project.  his leadership showed great ethics and it taught me, personally, how to others understand, not just to show them, but explain it thoroughly. and altho he was a great teacher i would have changed a few things. one being his attitude. many times he would get frustrated and impatient with the group.  i think  a leader i would have done exactly  what he did but with much more patience and be there more to explain. such as lunch  learning. and giving everybody a chance to try to explain it in their  head.