[c#] Serializing/deserializing with memory stream

I'm having an issue with serializing using memory stream. Here is my code:

/// <summary>
/// serializes the given object into memory stream
/// </summary>
/// <param name="objectType">the object to be serialized</param>
/// <returns>The serialized object as memory stream</returns>
public static MemoryStream SerializeToStream(object objectType)
{
    MemoryStream stream = new MemoryStream();
    IFormatter formatter = new BinaryFormatter();
    formatter.Serialize(stream, objectType);
    return stream;
}

/// <summary>
/// deserializes as an object
/// </summary>
/// <param name="stream">the stream to deserialize</param>
/// <returns>the deserialized object</returns>
public static object DeserializeFromStream(MemoryStream stream)
{
    IFormatter formatter = new BinaryFormatter();
    stream.Seek(0, SeekOrigin.Begin);
    object objectType = formatter.Deserialize(stream);
    return objectType;
} 

The error I'm getting is as follow: stream is not a valid binary format. The starting contents (in bytes) are: blah....

I'm not exactly sure what is causing the error. Any help would be greatly appreciated.

Example of the call:

Dog myDog = new Dog();
myDog.Name= "Foo";
myDog.Color = DogColor.Brown;

MemoryStream stream = SerializeToStream(myDog)

Dog newDog = (Dog)DeserializeFromStream(stream);

BinaryFormatter may produce invalid output in some specific cases. For example it will omit unpaired surrogate characters. It may also have problems with values of interface types. Read this documentation page including community content.

If you find your error to be persistent you may want to consider using XML serializer like DataContractSerializer or XmlSerializer.

Use Method to Serialize and Deserialize Collection object from memory. This works on Collection Data Types. This Method will Serialize collection of any type to a byte stream. Create a Seperate Class SerilizeDeserialize and add following two methods:

public class SerilizeDeserialize
{

    // Serialize collection of any type to a byte stream

    public static byte[] Serialize<T>(T obj)
    {
        using (MemoryStream memStream = new MemoryStream())
        {
            BinaryFormatter binSerializer = new BinaryFormatter();
            binSerializer.Serialize(memStream, obj);
            return memStream.ToArray();
        }
    }

    // DSerialize collection of any type to a byte stream

    public static T Deserialize<T>(byte[] serializedObj)
    {
        T obj = default(T);
        using (MemoryStream memStream = new MemoryStream(serializedObj))
        {
            BinaryFormatter binSerializer = new BinaryFormatter();
            obj = (T)binSerializer.Deserialize(memStream);
        }
        return obj;
    }

}

How To use these method in your Class:

ArrayList arrayListMem = new ArrayList() { "One", "Two", "Three", "Four", "Five", "Six", "Seven" };
Console.WriteLine("Serializing to Memory : arrayListMem");
byte[] stream = SerilizeDeserialize.Serialize(arrayListMem);

ArrayList arrayListMemDes = new ArrayList();

arrayListMemDes = SerilizeDeserialize.Deserialize<ArrayList>(stream);

Console.WriteLine("DSerializing From Memory : arrayListMemDes");
foreach (var item in arrayListMemDes)
{
    Console.WriteLine(item);
}