It is said that corporations have perpetual life.
a. true
b. false

It is a true statement that life of the corporation is perpetual.

A consolidated organization has interminable progression that is despite any adjustment in its individuals the organization will hold as a similar substance with similar benefits and resistances, domain and assets. The passing or bankruptcy of individual part doesn't in any capacity, influence its corporate presence and the organization will proceed with its reality as normal until it is ended up as per the arrangements of the Companies Act.

The unending presence of a consolidated organization is all around outlined by certifiable saying, individuals may come and individuals may go, yet the organization can continue forever.

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