• 1 Marks

BL – May 2012 – L1 – SA – Q18 – Company Law

Identify the concept that allows a company to continue existing despite changes in ownership.

The fact that a company cannot die connotes that it has:

Perpetual succession

Explanation:
Perpetual succession refers to the ability of a company to continue its existence indefinitely, regardless of changes in ownership or membership, ensuring stability and continuity in its operations.

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