From the perspective of the buyer of an unincorporated sole proprietorship whose assets have increased in value,the buyer is indifferent as to whether the transaction is the purchase of the business or a purchase of the individual assets.

Question

Quizplus · Accepted Answer

Regardless of the form of the transaction,the purchase of an unincorporated sole proprietorship is treated as the purchase of individual assets.

From the Perspective of the Buyer of an Unincorporated Sole