Which Is Not a Common Method of Transferring the Business

question 19

Multiple Choice

Which is not a common method of transferring the business to family members?

• A) Life line
• B) Purchase and sale of the business
• C) Will
• D) Joint ownership

---

Definitions:

Matrilineal Descent

A system of lineage in which the family lineage is traced through the mother's line.

Mother's Brother

In many cultures, the mother's brother holds a special status or role, often distinct from that of the father, reflecting particular kinship systems or social norms.

Descent Groups

Social groups whose membership is based on lineage or ancestry, tracing relationships through either maternal or paternal lines.

Common Ancestor

An individual or species from which two or more descendant species or individuals are derived in evolutionary biology, indicating a point of divergence in their lineage.