The benefit that a corporation has that a partnership and a sole proprietorship do not is:
C. An unlimited life span
Explanation:
1. A corporation is a legal entity that exists separately from its owners, allowing it to have an unlimited life span regardless of changes in ownership or the death of shareholders.
2. In contrast, partnerships and sole proprietorships are more closely tied to the individuals who own them, and their existence may be limited by factors like the death or withdrawal of an owner.
3. The perpetual existence of a corporation provides stability and continuity to the business, making it easier to attract investors and plan for long-term growth and operations.
In conclusion, the unlimited life span of a corporation distinguishes it from partnerships and sole proprietorships, offering a strategic advantage in terms of longevity and organizational continuity.
