Final answer:
Gloria and Stanley will benefit from easily raising capital and having limited liability for their startup, Johnson Air, by opting for a corporate structure.
Step-by-step explanation:
One of the advantages that Gloria and Stanley will have by choosing a corporation structure for their startup, Johnson Air, is the ability to more easily raise capital. Corporations can raise funds through the sale of stock, which can be particularly beneficial for a company in need of significant capital to grow and develop. Additionally, corporations enjoy limited liability, meaning that the personal assets of shareholders (Gloria and Stanley) are protected in case of business debts or legal issues.
One of the advantages of starting a corporation like Johnson Air is limited liability. In a corporation, the owners, or shareholders, are not personally liable for the company's debts or legal liabilities. This means that if the business fails or faces legal issues, the personal assets of the owners are generally protected.