With regards to transferability of interest, a sole proprietor may __________.
A) choose to sell or transfer the assets of the business, but not the business itself
B) sell the business as a going concern for whatever someone is willing to pay
C) pass the business only to their children or spouse
D) avoid tax liabilities by lending another proprietor the money to purchase the assets of the business
E) None of the answers apply.
Correct Answer:
Verified
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