Final answer:
The life of a corporation is not dependent on the status of the investors.
Step-by-step explanation:
The statement that the life of a corporation is not dependent upon the status of the investors is True.
A corporation is a separate legal entity from its investors. It exists independently and continues to operate regardless of changes in ownership or investor status. This means that the corporation can still function and pursue its business activities even if its original investors sell their shares or new investors come in.
For example, if a shareholder sells their shares in a corporation, the corporation will continue to exist and operate. The change in ownership does not affect the corporation's ability to conduct business or generate profits.