Any change in business, which involves and expansion, sale or merger requires a declaration of successorship.

Name: Any change in business, which involves and expansion, sale or merger requires a declaration of successorship.
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

A declaration of successorship is required when there is any change in business ownership, such as expansion, sale, or merger. This process ensures that all obligations and liabilities are properly transferred to the new owners.

Any Change in Business, Which Involves and Expansion, Sale or Merger