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Corey Is Going to Purchase the Assets of Kathlyn's Sole

Question 89

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Corey is going to purchase the assets of Kathlyn's sole proprietorship. The assets of Kathlyn's sole proprietorship have appreciated in value. From Corey's perspective, does it matter whether the purchase is structured as the purchase of 1) the individual assets or 2) the sole proprietorship?

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No. Regardless of the legal form of the ...

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