Business Law #16

 I need a minimum of 75 words for each question for a total of 150 words

#1

What is the difference between a de jure corporation and a de facto corporation, and what is necessary to form each?

#2

One of the negative aspects of the corporate form of doing business is double taxation, which occurs when a corporation pays dividends to shareholders from profits that have already been taxed and the dividends, when received by shareholders, are taxed again. How does the use of a subchapter S corporation address the issue of double taxation?