menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    The Legal Environment Study Set 1
  4. Exam
    Exam 12: Business Organizations
  5. Question
    A Business's ____ Refers to Its Ability to Continue to Operate
Solved

A Business's ____ Refers to Its Ability to Continue to Operate

Question 214

Question 214

Multiple Choice

A business's ____ refers to its ability to continue to operate in the event of the death, retirement, or other incapacity of an owner of the business.


A) perpetuity
B) lifetime
C) duration
D) experience
E) continuation

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q209: A business's _ refers to its ability

Q210: A limited liability company:<br>A) is taxed like

Q211: In Dunkin' Donuts Franchised Restaurants LLC v.

Q212: Under traditional common law rules, if you

Q213: A written partnership agreement typically specifies the

Q215: The articles of incorporation set the rules

Q216: A person doing business for himself or

Q217: Legally, shareholders of a corporation must:<br>A) manage

Q218: The duties owed to shareholder by the

Q219: The retirement of a majority shareholder brings

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines