Inheritance, Polymorphism, and Virtual Functions allows code reuse through inheritance. It establishes a hierarchical relationship between classes where a derived class inherits attributes and behaviors from its base class. Constructors and destructors of base classes are automatically called when objects of derived classes are created or destroyed. Derived classes can pass arguments to base class constructors and multiple inheritance determines the order of constructor calls. Object composition allows classes to contain instances of other classes to reuse their functionality.