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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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Primary source

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