Advantages that the law affords affords to business corporations

Define the advantages that the law affords affords to business corporations. In view of the many advantages that the law affords affords to business corporations, what additional responsibilities or obligations if any should a business corporation have to the public. If you were advising a client on picking a business form explain why a corporation would be a good choice. Also explain why a corporation would be a bad choice. Give some examples

Do corporate shareholders have an obligation to make certain that their business corporations act in an ethical and proper manner in conducting their business. Describe some example of companies that did not behave this way. What happens when a corporation does not act ethically? What are your thoughts on this? Please cite some examples.