Which of the following will NOT end the existence of a corporation?

Question

Quizplus · Accepted Answer

The death of all shareholders in a single accident will not necessarily end the existence of a corporation. The corporation will continue to exist even if all the shareholders are deceased, although the ownership and management of the corporation may need to be transferred to new or existing shareholders or a trustee. All the other options listed (A, C, D, and E) could potentially result in the dissolution or termination of a corporation.

Which of the Following Will NOT End the Existence of a Corporation