Question

Which best describes what happens to a corporation after its owners retire

Answer 1

The answer is: It continues in business. 
>When a shareholder retires, the corporation can continue to operate. The structure of the corporation will determine the outcome of the corporation's existence.

Choices to this question are:
It shuts down operations.
It transfers to new owners.
It continues in business.
It sells out to shareholders

Answer 2

The answer is: It continues in business.