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Several prominent owners of an iron ore mining company pass away within a period of three years. However, the company continues to operate, as it
Several prominent owners of an iron ore mining company pass away within a period of three years. However, the company continues to operate, as it remains financially viable and a majority of its stockholders wish for the continuation of the business. In this scenario, the iron ore mining company is an example of a
sole trader
limited partnership company
general partnership company
C corporation
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