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Which of the following statements is NOT CORRECT in representing a problem to family succession plan in a business? Select one: a. For those not
Which of the following statements is NOT CORRECT in representing a problem to family succession plan in a business?
Select one:
a. For those not selected to be successor, ensure the other members of the family have a stake in the business or some benefits to avoid dissatisfaction setting in.
b. Life insurance can be used successfully to keep family members from quarrelling among themselves following the death of the business owner.
c. Family members of the business owner are usually happy with the selected successor.
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