Q.

What makes a corporation distinct from a partnership?

A. If the members of a corporation die, the corporation remains in existence providing it has capital
B. If the members of a corporation die, the corporation ceases to exist
C. A corporation cannot own property
D. A corporation cannot be held responsible for the illegal acts of its employees
Answer» A. If the members of a corporation die, the corporation remains in existence providing it has capital
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Corporate Governance

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