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Millie Has a Sole Proprietorship Which Is Her Only Source

Question 72

Multiple Choice

Millie has a sole proprietorship which is her only source of income What legal action should she take to prevent the business from being ruined if she became incapacitated?


A) Give someone who is competent power of attorney to continue the business.
B) State in her will what she would like done with the company.
C) Find a partner and change the legal organization of the company
D) Tell her heirs to sell as she can't prevent ruin with a sole proprietorship

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