A partnership does not survive the death of a partner, but a corporation has perpetual life.

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A partnership is a type of business structure in which two or more individuals own and operate the business together. If one partner dies, the partnership is dissolved. A corporation, on the other hand, is a separate legal entity from its owners and can continue to exist even if one of its shareholders dies. A partnership is not a separate legal entity and is terminated upon the death of a partner, whereas a corporation is a separate legal entity and can continue to exist even after the death of shareholders or directors.

A Partnership Does Not Survive the Death of a Partner