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good morning class this morning were going to discuss the last chapter of the law and private corporation and that is the solution just like partnership the life of the corporation also has teaches it usually starts with birth then after the operation then after that dissolution take not just refresh your memory the life of the corporation begins once the Articles of Incorporation or the certificate of incorporation is issued by the SEC from that point on the preparation may validly exist it may operate with powers granted by law or powers incidental to its existence then comes the solution solution is the end life of the corporation however after the solution there is still liquidation and there is this termination usually when the preparation designs dissolve the corporation is given three years to liquidate but upon dissolution the corporation could no longer continue to do business except those which are intended for liquidation now if it is a voluntary liquidation class if you sh