The desire for continuity of a business might be one reason to organize as a corporation rather than a partnership.

Question

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Corporations have perpetual existence, meaning that they can continue to operate indefinitely even if one or more of the shareholders dies, leaves the company, or sells their shares. Partnerships, on the other hand, typically dissolve when one partner decides to leave, retire, or dies. Thus, for business owners who value continuity, incorporating may be a more attractive option.

The Desire for Continuity of a Business Might Be One