True/False
The duration of existence of a proprietorship is limited by the 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
Q41: What is the legal outcome when one
Q42: Which of the following may result in
Q43: Which form of business organization provides the
Q44: Which of the following is an example
Q45: The Partnership Act provides for the following
Q47: Which of the following is most likely
Q48: A partnership is much like a sole
Q49: Which of the following is a characteristic
Q50: A court has been asked to resolve
Q51: What type of liability would flow to