which best describes what happens to a corporation after its owners retire?\nit shuts down operations.\nit…

which best describes what happens to a corporation after its owners retire?\nit shuts down operations.\nit transfers to new owners.\nit continues in business.\nit sells out to shareholders.

which best describes what happens to a corporation after its owners retire?\nit shuts down operations.\nit transfers to new owners.\nit continues in business.\nit sells out to shareholders.

Answer

Brief Explanations:

A corporation is a legal entity separate from its owners. When owners retire, the corporation's existence is not affected. It has perpetual - life and can continue its business operations without shutting down, transferring to new owners, or selling out to shareholders as a direct result of owner retirement.

Answer:

It continues in business.