Asked by Eddie Cartwright on Feb 18, 2024

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A disadvantage of a C corporation is that it cannot survive after the demise of its owners.
  • Recognizing the impact of the demise of owners on the survival of a C corporation.
  • Identifying the potential disadvantages of a C corporation structure.
  • Understanding the limitations of a C corporation in terms of its longevity and continuity.
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Stephanie Adams

Feb 18, 2024

Final Answer :
False
Explanation :
A C corporation can survive after the demise of its owners because it has perpetual succession.