Which types of business organizations are terminated upon death of the owners?
A)Sole proprietorships and partnerships,but not corporations.
B)Sole proprietorships and corporations,but not partnerships.
C)Sole proprietorships,partnerships,and corporations continue to exist after the death of any owner.
D)Sole proprietorships,partnerships,and corporations.
E)Corporations and partnerships,but not sole proprietorships.

Question

Quizplus · Accepted Answer

A)Sole proprietorships and partnerships are terminated or dissolved at death of the
owners.
B)Sole proprietorships and partnerships are terminated or dissolved at death of the owners.
C)Sole proprietorships and partnerships are terminated or dissolved at death of the owners.
D)Sole proprietorships and partnerships are terminated or dissolved at death of the owners.
E)Sole proprietorships and partnerships are terminated or dissolved at death of the owners.

Which Types of Business Organizations Are Terminated Upon Death of the Owners