16. Describe the varying degrees to which closely held corporations and publicly traded corporations are regulated. 17. Discuss some of the information items normally included in a...

16. Describe the varying degrees to which closely held corporations and publicly traded corporations are regulated.

17. Discuss some of the information items normally included in a corporation's articles of incorporation.

18. Discuss a few of the characteristics of sole proprietorships, partnerships and corporations.

19. Explain how the equity section of a balance sheet differs among sole proprietorships, partnerships and corporations.

20. Which type of stock, common or preferred, must all corporations have?