We cannot create the object of abstract class but we can inherit it.
Abstract classes have the following features: (According to MSDN)
An abstract class cannot be instantiated.
An abstract class may contain abstract methods and accessors.
It is not possible to modify an abstract class with the modifier because the two modifers have opposite meanings. The sealed modifier prevents a class from being inherited and the abstract modifier requires a class to be inherited.
A non-abstract class derived from an abstract class must include actual implementations of all inherited abstract methods and accessors.