Shawna, a sole proprietor, dies suddenly. What will happen to the business?
A) The sole proprietorship will transfer to an heir.
B) The sole proprietorship will terminate.
C) The sole proprietorship will operate posthumously until a court order decrees it terminated.
D) The sole proprietorship will pass to the highest bidder.
Correct Answer:
Verified
Q8: Reid Sterling owns a sole proprietorship called
Q9: All of the following are methods that
Q10: Cyndy is a sole proprietor of a
Q11: Which of the following is true about
Q12: Mike owns Swibel Trucking, a successful trucking
Q14: The doctrine that allows a creditor to
Q15: In the case, Biller v. Snug Harbor
Q16: A sole proprietor is liable
A) For all
Q17: Which statement below is correct about a
Q18: A franchise conducts business
A) According to an
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents