Abstract
In this part, we shall be concerned with the structure of projections in a simple σ-unital C*-algebra with the FS property, and in the associated multiplier and corona algebras. We shall also consider the closed ideal structure of the corona algebra. Most of results appear to be new even for separable simple AF algebras, and are technically independent of the previous parts I and II ([37] and [38]). The whole work develops after finding a new property of a σ-unital (nonunital) simple C*-algebra with FS, which was not known even for a separable simple AF algebra. We relate this new property to the structure of the multiplier and corona algebras from vairous points of view.

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