Question

What is perpetual Succession?​

Answer 1

Answer:

In company law, perpetual succession is the continuation of a corporation's or other organization's existence despite the death, bankruptcy, insanity, change in membership or an exit from the business of any owner or member, or any transfer of stock,etc.

Answer 2

Answer:

Definition of perpetual succession: Continuation of an incorporated firm's existence, unaffected by the death of any of its owner(s).