One of the most common ways for small, closely held corporations to come to an end is for the principals to simply neglect to file the annual return.

Name: One of the most common ways for small, closely held corporations to come to an end is for the principals to simply neglect to file the annual return.
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Question

Quizplus · Accepted Answer

Neglecting to file annual returns can lead to administrative dissolution by the state, effectively ending the corporation's legal existence.

One of the Most Common Ways for Small, Closely Held