What characteristic of a C corporation will make it possible to pass the corporation on to new owners after the original owners pass away?
A)vesting
B)the laws of inheritance
C)transferable ownership
D)stockholder rights

Question

Quizplus · Accepted Answer

Transferable ownership in a C corporation allows for the easy transfer of ownership to new owners, such as through the buying and selling of stocks. This makes it possible for the corporation to be passed on after the original owners pass away. Vesting and stockholder rights do not necessarily guarantee the ability to transfer ownership, and the laws of inheritance may not always apply depending on the specific circumstances.

What Characteristic of a C Corporation Will Make It Possible