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Kristina would like to ensure the culture and mission of her small business, PANK Co., are preserved when she retires. Which exit strategy would NOT

Kristina would like to ensure the culture and mission of her small business, PANK Co., are preserved when she retires. Which exit strategy would NOT achieve this goal?

Transfer of the business to a family member.

Sale of the business to an outside third party.

Sale of the business to key employees.

Passive ownership.

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