A Corporation, Potentially, Has Infinite Life Because It

question 6

Multiple Choice

A corporation, potentially, has infinite life because it

• A)is a legal entity.
• B)has the same ownership and management.
• C)has limited liability.
• D)is closely regulated.

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Definitions:

Corniculate

Corniculate refers to small horn-shaped structures, notably part of the cartilage at the apex of the arytenoid cartilages in the larynx.

Thyroid

A gland in the neck that produces hormones regulating growth and development through the rate of metabolism.

Lower Respiratory Tract

The part of the respiratory system including the trachea, bronchi, and lungs that is responsible for gas exchange.

Larynx

The vocal apparatus situated in the neck area, tasked with producing sounds, facilitating respiration, and safeguarding the windpipe from the inhalation of food.