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Corey Is Going to Purchase the Assets of Kahlyn's Sole

Question 97

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Corey is going to purchase the assets of Kahlyn's sole proprietorship.The assets of Kahlyn's sole proprietorship have appreciated in value.From Corey's perspective, does it matter whether the purchase is structured as 1) the purchase of the individual assets or 2) the purchase of the sole proprietorship?

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No.Regardless of the legal form of the p...

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