1. How does a corporation differ when a stockholder or manager dies compared to when a manager or owner of a proprietorship dies?
2. How is ownership of a proprietorship transferred relative to a corporation? How is ownership transferred in each type or organization?
3. Who is the employer in cast of a lawsuit from tort liability in a proprietorship? In a corporation?
4. To become incorporated the incorporators file the ___________of _____________.
5. Do corporations get a charter from the states or the federal government?