Final answer:
Changing a company address or telephone number typically does not cause a business license to expire. However, license holders are usually required to update such information to avoid missing renewal notices or important correspondence. The answer to the question is (d), both of which are false. The correct option is d) both are false.
Step-by-step explanation:
Regarding the expiration of a business license, it is important to understand the factors that may cause it to expire. Commonly, substantive changes in the business operations or legal structure, such as changes in the business name, ownership, or scope of activities, might require a business to update or renew its license. However, simply changing your company address or telephone number typically does not lead to the expiration of your business license. Although these changes do not directly cause a license to expire, they may require you to file updated contact information with the licensing authority.
In some areas, like California, a commercial licensed driver, for example, is required to maintain a residence address within the state, or their license will be downgraded, but this is specific to driver's licenses, not business licenses. Business licenses generally have a set expiration date and need to be renewed periodically, regardless of changes in address or phone number. Nonetheless, it is crucial to notify the relevant agencies of changes in address or contact information to ensure that you receive any renewal notices or other correspondence related to your license status.
To conclude, the answer is that (d) both are false: typically, changes in company address or telephone number do not directly cause a business license to expire, although failing to update these details can lead to complications in receiving renewal notifications.