What is meant by continuity of existence, and which forms generally offer it?

What is meant by continuity of existence, and which forms generally offer it?

• A. Continuity means the business continues despite changes in ownership; corporations and LLCs generally offer it.
• B. Continuity means the business ends after the owner's death; sole proprietorships offer it.
• C. Continuity means tax status persists; only partnerships offer it.
• D. Continuity means branding remains; only franchises offer it.

Answer: (A)