A Sole Proprietorship Dissolves Upon the Death of the Owner

question 39

True/False

A sole proprietorship dissolves upon the death of the owner.

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Definitions:

South Vietnamese

South Vietnamese refers to the people, culture, and former government of South Vietnam, known officially as the Republic of Vietnam, a country that existed from 1955 to 1975, during the Vietnam War era.

Paris Peace Accords

Agreements signed in 1973 to establish peace in Vietnam and end the Vietnam War, involving the US, North Vietnam, South Vietnam, and the Viet Cong.

American Participation

The involvement of the United States in international or domestic events, ranging from wars to political movements.

Vietnam War

A prolonged conflict from the 1950s to the 1975 between North Vietnam (supported by its communist allies) and South Vietnam (supported by the United States and other anti-communist countries), resulting in significant political and social upheaval.