Which of the following forms of business ownership is directly linked to the life of its owner?

Name: Which of the following forms of business ownership is directly linked to the life of its owner?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A sole proprietorship is directly linked to the life of its owner, meaning if the owner passes away, the business does not continue to exist in the same legal form. This is because the business and the owner are legally considered the same entity.

Which of the Following Forms of Business Ownership Is Directly