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Consider the following statements: 1. Corporation sole is an incorporated series of successive persons.…

A corporation sole is an incorporated series of successive persons and differs from a corporation aggregate, but it does not require a seal, so "1 and 2" is correct.

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Consider the following statements:
1. Corporation sole is an incorporated series of successive persons.
2. Corporation sole is not the same as corporation aggregate.
3.A corporation sole requires a seal.
Which of the statements given above are correct?

Select one answer
Answer and explanation

Correct answer B

A corporation sole is an incorporated series of successive persons and differs from a corporation aggregate, but it does not require a seal, so "1 and 2" is correct.

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