What characteristic of a c corporation will make it possible to pass the coporation on to new owners?

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28-07-2022
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What characteristic of a c corporation will make it possible to pass the coporation on to new owners?

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Tutorconsortium361 Tutorconsortium361 · Answer 1 · 2022-08-04T14:22:32+02:00

Transferable ownership is characteristic of a c corporation will make it possible to pass the coporation on to new owners.

What is Transferable ownership?

Transfer of ownership is the process of passing ownership of a thing from one hand to another. This includes the acquisition of a property, the assumption of mortgage debt, the exchange of property possession, and any other land trust instrument.

any method by which property ownership is transferred These include the acquisition of a property, the assumption of mortgage debt, and the exchange of property possession via a land sales contract or any other land trust arrangement.

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