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A Founder of a Family Business Is Contemplating Turning the Business

Question 4

Multiple Choice

A founder of a family business is contemplating turning the business over to his five children. One possibility, the founder believes, is to divide ownership equally among the children. This would


A) be impossible.
B) be inherently unfair to the children.
C) potentially hinder the future functioning of the business.
D) require an S corporation.

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