Which right allows a corporation to continue existing despite the death of any stockholder?

The right that allows a corporation to continue existing despite the death of any stockholder is known as the right of succession. This principle is foundational to the nature of a corporation. Unlike partnerships, where the death of a partner can dissolve the entity unless otherwise stipulated, corporations are designed to be perpetual entities. This means that the corporation does not cease to exist when a stockholder passes away or when ownership changes hands.

The right of succession ensures that the corporation remains intact and can continue its operations uninterrupted. It allows for the transfer of shares to heirs or other individuals, thus preserving the corporation's existence and maintaining its structure and governance regardless of changes in individual ownership. This characteristic is crucial for providing stability and continuity in business operations.

The other options do not pertain to the perpetual existence of a corporation in relation to stockholders. The right of existence is a vague term and does not specifically address the continuity of a corporation. The right of redemption typically refers to the rights of shareholders regarding the repurchase of their shares, and the pre-emptive right protects existing shareholders from dilution of their ownership but does not relate to the continuity of the corporation itself. Hence, the right of succession is the correct and relevant principle in this context.