A person who becomes an owner by inheriting or getting a stake in a family business is known as _____.
A) a founder
B) a franchisor
C) an heir
D) a serial entrepreneur

Question

Quizplus · Accepted Answer

An heir is a person who inherits or receives a stake in a family business through their family lineage, rather than founding the business themselves (A) or buying into an established franchise (B). Additionally, a serial entrepreneur (D) is typically someone who starts and runs multiple businesses, rather than inheriting one business.

A Person Who Becomes an Owner by Inheriting or Getting