10. The existence of a company is not affected by death and insolvency of its members.
Answers
Answered by
1
Explanation:
Perpetual succession, along with the common seal, is one of the factors explaining a corporation's legal existence as separate from those of its owners. This principle states that: any change in membership of a company does not affect the status of the company, death, insolvency, insanity etc.
Answered by
9
Answer:
Hopefully it will help you and sorry if it is wrong
Attachments:
Similar questions