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5. History has show that family firm's are more successful when a. the business is seen as a long-term trust of the family b. it

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5. History has show that family firm's are more successful when a. the business is seen as a long-term trust of the family b. it is seen as disloyal to not work for the business o personal issues are given priority over business issues. d. all of the above. 6. The key advisors for a retiring business owner are: a consultant, lawyer, doctor, Insurance agent. b. financial planner, doctor, real estate agent, lawyer. c. accountant, financial planner, lawyer, personal advisor. d lawyer, doctor, accountant, estate planner. 7. Which of the following is not one of the plans for retiring business owners? a, retirement plan b. estate plan c. Succession plan d. tax plan 8. The increase in value of an investment is subject to: a. capital gain tax bretirement tax. c. estate tax d. probate tax 9. Creating two classes of shares, only one of which will grow in value is called: a. probate b. estate freeze c. bequeathing d. share succession. 10. Family businesses are successfully transferred to the next generation in: a. ninety percent of all cases. b. more than two thirds of all cases. C. less than one third of all cases. d. less than ten percent of all cases. Managing A Small Business

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