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Find which of the business forms has an unlimited lifespan

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Problem 1: Which of the following business forms has an unlimited lifespan and when one of the owners dies, leaves or a new owner becomes part of the business entity, this has no bearing on the business itself? Also, the financial statements only have to be made available to the owners and directors.

a) Private Company
b) Sole Proporietorship
c) Partnership
d) Close Corporation
e) Public Company

Reference no: EM132691280

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