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Which Form of Business Organization Is Characterized as Having Unlimited

question 23

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Which form of business organization is characterized as having unlimited life?


Definitions:

Existing Stocks

Refers to the inventory of goods or materials that a company currently holds.

Idle Capacity

The portion of a company's resources that could be used for production but remains unutilized during a certain period.

Damaged Van

A van that has suffered physical harm or injury, impacting its value and functionality.

Repair

The process of restoring equipment, machinery, or property to its previous condition to ensure functionality.

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