Refer to Fact Pattern 13-1

Multiple Choice

Refer to Fact Pattern 13-1. If Jeanette does incorporate, the corporation legally can last:

A) for 20 years, after which she needs to apply for a renewal of her certificate of incorporation
B) forever
C) for 50 years, after which time the certificate of incorporation must be renewed
D) until one of her partners dies
E) until the state determines that the corporation no longer serves the function for which it was incorporated