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.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: The law restricts a partner from making
Q5: The freedom from the restrictions of personal
Q19: The vehicle most commonly used as an
Q33: Voyageur Enterprises Inc.will continue in existence perpetually
Q38: All of Canada's common law provinces have
Q52: Rose,Lily,and Fawn were shareholders in Style Co.,an
Q55: With respect to personal liability,which of the
Q57: Which of the following is a common
Q61: Ellayne manages a busy law practice as
Q63: Which of the following would most strongly