Carl sells Direct Marketing Enterprises,a sole proprietorship,to Eve.This is a transfer of

Question

Quizplus · Accepted Answer

When Carl sells his sole proprietorship, he is transferring the ownership of the business to Eve. Therefore, option D is the correct answer. Option A refers to the transfer of a license, which is not applicable in this situation. Option B refers to the transfer of a trade name, which may or may not be included in the sale, but it is not the primary transfer. Option C refers to the transfer of a formula to make a product, which also does not apply in this scenario.

Carl Sells Direct Marketing Enterprises,a Sole Proprietorship,to Eve