Multiple Choice
Which types of business organizations are terminated upon death of the owners?
A) Sole proprietorships, partnerships, and corporations.
B) Sole proprietorships and partnerships, but not corporations.
C) Sole proprietorships and corporations, but not partnerships.
D) Corporations and partnerships, but not sole proprietorships.
E) Sole proprietorships, partnerships, and corporations continue to exist after the death of any owner.
Correct Answer:

Verified
Correct Answer:
Verified
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