A Corporation Has Perpetual Existence Unless Otherwise Stated in Its

question 38

True/False

A corporation has perpetual existence unless otherwise stated in its articles of incorporation.

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Definitions:

Power Balancing

The act of distributing authority and influence among different stakeholders to ensure fairness and avoid domination by any single entity.

Neutral

An unbiased, impartial stance or a person not favoring any side in a conflict or dispute.

Perceived Bias

The belief that an individual, group, or process is unfairly prejudiced or displaying partiality, regardless of whether this is true.

Arbitrator's Acceptability

The degree to which the parties involved in a dispute accept the arbitrator's decision as fair and binding.