When the Owner of a Sole Proprietorship Dies, What Becomes

Multiple Choice

When the owner of a sole proprietorship dies, what becomes of the business?

A) The employees take over the business.
B) It ceases to exist unless the heirs take it over or sell it.
C) It is automatically auctioned to the highest bidder.
D) It ceases to exist, and no one may legally take it over.
E) It may continue existing but only under a new name.