menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Exploring Business Study Set 1
  4. Exam
    Exam 3: Selecting a Form of Business Ownership
  5. Question
    When the Owner of a Sole Proprietorship Dies, the Business
Solved

When the Owner of a Sole Proprietorship Dies, the Business

Question 76

Question 76

True/False

When the owner of a sole proprietorship dies, the business by law is allowed to
continue to perpetuity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q22: A _ is entirely separate from the

Q24: A disadvantage of the S-corporation is unlimited

Q30: The board of directors of a corporation

Q71: How does a limited partnership overcome the

Q74: A major disadvantage of a partnership is

Q75: Which legal form of organization did Ben

Q77: The partnership agreement of the accounting firm

Q78: "What are you willing to do to

Q79: Under the _ form of ownership, it's

Q80: Some business owners prefer to operate as

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines