19 Dec 1. What prompted Congress to pass the Securities A
1. What prompted Congress to pass the Securities Act of 1933 and the Securities Exchange Act of 1934? What is the purpose of these laws?2. What are the advantages and disadvantages of the corporate form of business organization?3. What is a limited liability company? Discuss its advantages and disadvantages.4. How does the term double taxation apply to corporations? Give an example of double taxation.