Q. What makes a corporation distinct from a partnership? (Solved)

1. If the members of a corporation die, the corporation remains in existence providing it has capital

2. If the members of a corporation die, the corporation ceases to exist

3. A corporation cannot own property

4. A corporation cannot be held responsible for the illegal acts of its employees

  • a. If the members of a corporation die, the corporation remains in existence providing it has capital
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