A Sole Proprietorship Cannot Be Easily Transferred When the Owner

question 38

True/False

A sole proprietorship cannot be easily transferred when the owner desires to do so.

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Definitions:

Financing

The process of providing funds for business activities, making purchases, or investing, through various means such as loans, equity, or bonds.

Employee Stock Options

A form of compensation provided to employees, giving them the right to buy the company's stock at a set price after a certain period.

Ownership Stake

The percentage of a company's shares owned by an individual or entity, representing a portion of the company's equity.

Align

To adjust or arrange something in a straight line or in correct relative positions.