What power allows a corporation to continue its existence regardless of changes in ownership?

The correct choice is the power of succession, which refers to the legal capacity of a corporation to maintain its existence independent of changes in ownership or the status of its shareholders. This characteristic is fundamental to corporations because it allows for continuity and stability despite potential fluctuations in ownership, such as when shares are bought or sold.

This means that even if the individuals who own the corporation change—through sales, transfers, or even the death of shareholders—the corporation itself remains intact and operates as a single legal entity. The power of succession ensures that the corporation can fulfill its obligations, continue its business operations, and uphold its contractual commitments without interruption.

In contrast, the other choices do not represent the same concept: the power of dissolution pertains to ending the existence of a corporation, the power of equity relates more to fairness and justice in legal proceedings, and the power of transformation typically refers to changing the structure or nature of a corporation rather than its ongoing existence.