Insurance agent Ricardo is recommending that Rob and Samuel, the owners of a manufacturing firm, put in place a properly funded 'buy sell' agreement. Should one owner die, it protects the surviving business owner, the business itself, the surviving family or other beneficiaries of the deceased owner. How can a properly funded 'buy sell' agreement ensure that the business is protected?

Select one:

a$.$ It can provide funding through life insurance or other sources, it provides a mandatory sale to the surviving owner, it does not provide guaranteed value as the value of the business will change over time.

b$.$

It can provide a guaranteed buyer for the business, it can provide guaranteed value, it saves time, it provides an orderly transition of the business to the new owner.

C$.$

It provides a non$-$mandatory sale, it provides guaranteed funding through life insurance, it does not provide a guaranteed buyer for the business, it helps in the easy valuation of the business.

d$.$

It can provide guaranteed funding through life insurance, it provides a mandatory sale to the surviving owner, it provides guaranteed value and it provides a guaranteed buyer for the business.