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Several Prominent Owners of a Uranium Mining Company Pass Away

Question 113

Multiple Choice

Several prominent owners of a uranium mining company pass away within a period of two years. However, the company continues to operate as it remains financially viable and a majority of its stockholders wish for the continuation of the business. In this scenario, the uranium mining company is an example of a _____.


A) sole trader
B) limited partnership company
C) general partnership company
D) C corporation

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