The ____ refers to the ability of an owner in a business venture to sell or pass that interest to others.

Question

Quizplus · Accepted Answer

Transferability of ownership interests refers to the ability of an owner to sell or transfer their ownership stake in a business to another party. This is an important aspect of ownership, as it allows for liquidity and the ability to exit a business venture if desired. The other answer choices are not accurate descriptions of this concept.

The ____ Refers to the Ability of an Owner in a Business