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Management · Q928

Financial Management

Graduate and Post Graduate · Management · question 928

Q928

Characteristic of corporation that it can continue its work even owners are decreased can be classified as

A.
limited life
B.
unlimited life
Answer
C.
corporate life
D.
deceased partnership

Answer: Option B

Solution

Answer: Option B
Solution:
Characteristic of corporation that it can continue its work even owners are decreased can be classified as unlimited life.