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Ling Owns a Sole Proprietorship for Which the Assets Have

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Essay

Ling owns a sole proprietorship for which the assets have appreciated in value.If Ling is going to sell the business to Abner, should Ling structure the sale as 1) a sale of the individual assets or 2) a sale of the sole proprietorship?


Definitions:

Ingroup Bias

The bias towards giving preference to people within one's own group over those from outside groups.

Enhance Performance

The process of improving or augmenting the effectiveness, efficiency, or quality of an action or function.

Violin Player

An individual who plays the violin, a four-stringed musical instrument played with a bow.

Audience

A group of individuals who actively listen, view, or read any form of communicative work.

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