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konstantin123 [22]
3 years ago
6

Why do sole proprietorship and partnerships have limited life compared to a corporation

History
1 answer:
Ray Of Light [21]3 years ago
3 0

Answer:

A corporation does not expire upon the death of its shareholders, directors or officers. A corporation has many avenues to raise capital. It can sell shares of stock and create new types of stock, such as preferred stock, with different voting or profit characteristics.

Explanation:

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We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

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B.

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Britiain responded by sending over troops which was eventually what sparked the Revolution.

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