Yoshi Operates a Shoe Store as a Sole Proprietorship

Multiple Choice

Yoshi operates a shoe store as a sole proprietorship. However, he is in poor health and may be unable to continue running the business. If Yoshi becomes incapacitated, his business

A) automatically continues under new management as a sole proprietorship.
B) automatically converts into a public corporation with stock sold to interested investors.
C) ceases to exist unless sold or taken over by Yoshi's heirs.
D) becomes the property of the most senior employee who wishes to continue operating the firm.