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Corporation advantages and disadvantages august 23, 2017 / steven bragg a corporation is a legal entity, organized under state laws, whose investors purchase shares of stock as evidence of ownership in it. What would be the advantages and disadvantages to jennifer s company of routinely administering honesty tests to all its employees introduction jennifer carter, president of the carter cleaning center, and her father are determined to figure out how to screen job applicants, in order to reduce employee turnover and theft. Search the history of over 336 billion web pages on the internet. Advantages and disadvantages of going public using an ipo a company can then use that cash to further the business, be it in the form of research, infrastructure, or expansion additionally.