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    Canadian Business
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    Exam 14: Business Forms and Arrangements
  5. Question
    The Duration of Existence of a Proprietorship Is Limited by Life
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The Duration of Existence of a Proprietorship Is Limited by Life

Question 56

Question 56

True/False

The duration of existence of a proprietorship is limited by life of the owner,whereas a partnership is terminated by agreement and a corporation is perpetual unless dissolved.

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