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Maeve Sells New Energy, a Sole Proprietorship That Makes and Sells

Question 54

Multiple Choice

Maeve sells New Energy, a sole proprietorship that makes and sells solar panels, to Olaf. This is


A) the establishment of a franchise.
B) the creation of a partnership.
C) none of the choices-a sole proprietorship cannot be sold.
D) a transfer of the ownership of the business.

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