What change in a business is not usually part of a declaration of succesorship?
A) Expansion
B) Merger
C) Spin-off
D) Move to a larger premises

Question

Quizplus · Accepted Answer

A declaration of successorship usually relates to the transfer of ownership or control of a business to another individual or entity. Expansion, merger, and spin-off are all changes that could be part of such a transfer, but a move to a larger premises is not necessarily related to a change in ownership or control, and therefore would not typically be included in a declaration of successorship.

What Change in a Business Is Not Usually Part of a Declaration