The correct answer is C. corporate life.
A corporation is a legal entity that is separate from its owners. This means that the corporation can continue to exist even if its owners change or die. This is in contrast to a partnership, which is dissolved when one of the partners dies or leaves the partnership.
The corporate life of a corporation is typically perpetual, meaning that it can exist indefinitely. However, a corporation can be dissolved by the shareholders or by the court.
The corporate life of a corporation is one of its key advantages. It allows corporations to raise capital more easily and to operate on a larger scale than partnerships or sole proprietorships. It also allows corporations to plan for the future with more certainty.
A. limited life is not the correct answer because a corporation has a perpetual life.
B. unlimited life is not the correct answer because a corporation can be dissolved by the shareholders or by the court.
C. corporate life is the correct answer because it is the characteristic of a corporation that allows it to continue its work even if owners are decreased.
D. deceased partnership is not the correct answer because a corporation is not a partnership.