Dissolution of a Corporation Does Not Terminate Its Existence and Does

question 37

True/False

Dissolution of a corporation does not terminate its existence and does not require that it liquidate its assets.

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Definitions:

Vascular Tissue

The system of tubes in plants that conducts water, minerals, and nutrients.

Phloem

In plants, the network of tissues responsible for carrying sugars and metabolic outputs from the leaves to the lower parts.

Tunicate

Invertebrate chordate that loses most of its defining chordate traits during the transition to adulthood.

Tunic

A layer or covering, often referred to in biology as the outer, fibrous covering of organisms such as tunicates or the covering around certain seeds.