Which private enterprise will continue to exist beyond the owner’s lifetime? a. partnership b. sole proprietorship c. company d. limited partnership

The answer is: C. company

In a company, the business can continue to extend even if the original founders already passed away. Companies allow their shares to be traded freely, so the owners would be constantly changing.

Before the owner's pass away, the owner could either sell his/shares or inherited  them to the family. This will enable the new owners of the shares to act on their behalf after he/she pass away.

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