Transfer is that endgame strategy in which:

Question

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Transfer refers to the ownership being moved from one person or group to another, which could be through a sale, gift, or inheritance. It is not necessarily the endgame strategy, as the new owner can continue to operate and grow the business. Closing down the business (A) or pooling the last major return for retirement (D) are other possible endgame strategies, but they are not necessarily related to transfer. Recovering value through a sale (C) can be part of transfer, but it is not the only option.

Transfer Is That Endgame Strategy in Which