Mariel Owns a Toy Store,which Is a Sole Proprietorship

question 30

Multiple Choice

Mariel owns a toy store,which is a sole proprietorship.She wants to retire.What is the best way for Mariel to transfer the ownership of her business?

• A) Mariel can sell the assets of the business to another party.
• B) Mariel can give the business to her heirs in her will or trust.
• C) Mariel can either sell the assets to another party or give it to her heirs.
• D) Because it is a sole proprietorship, Mariel must close the business when she retires.

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Definitions:

Electrodes

Conductive pads or devices used to detect electrical signals in various types of medical and scientific equipment.

Coarse Crackles

Sounds heard through a stethoscope that are indicative of fluid or secretions in the airways, often associated with respiratory conditions.

Edema

Swelling caused by excess fluid trapped in the body's tissues.

Heart Failure

A chronic condition where the heart is unable to pump effectively, leading to the body not getting enough oxygen and nutrients it needs.