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The corporation has the most continuity of the forms of business?
1) True
2) False

User Cedrick
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1 Answer

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Final answer:

A corporation has the most continuity because it has an unlimited life, is considered a separate legal entity, and can easily raise capital while limiting shareholder liability.

Step-by-step explanation:

It is true that a corporation has the most continuity among the forms of business organizations. Unlike sole proprietorships and partnerships, corporations have an unlimited life, meaning they continue to exist even if ownership changes or original owners pass away. Corporations are considered legal entities just like individuals, capable of entering into contracts, suing and being sued, and continuing operation independently of their owners. These features make them more stable and capable of surviving over the long term. Moreover, corporations can raise capital more easily through the sale of stock and have limited liability, which protects the personal assets of the shareholders.

User NJBurgo
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