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501(c)(3) Nonprofit
Introductory Business Law/Legal Environment
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Perpetual Existence Of Corporations

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Most corporations possess perpetual existence. This means that:
AThe corporation exists indefinitely
BThe corporation continues to exist regardless of the withdrawal or death of its owners
CThe corporation's existence renews even after termination
DThe corporate structure is designed exclusively for businesses that intend to be permanent
EThe corporation continues to exist under all circumstances
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