Level I ยท Corporate Issuers

Learning Module 1
Organizational Forms, Corporate Issuer Features, and Ownership

Key Outcomes Summary & Practice Problems

Learning Outcomes

What you must be able to do

Curriculum Year: 2026

LOS 1

Compare the organizational forms of businesses (sole proprietorships, partnerships, corporations) and describe their key features.

LOS 2

Describe the key features of corporate issuers including the separation of ownership and management, limited liability, and taxation.

LOS 3

Compare public and private corporate issuers, and describe the processes for issuing equity (IPO, direct listing, SPAC).