Does a sole trader have unlimited continuity?

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1292416

2026-03-21 04:30

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A sole trader does not have unlimited continuity because their business is directly tied to the individual. If the sole trader decides to cease operations, retires, or passes away, the business typically ends unless arrangements are made for its transfer or sale. This lack of continuity contrasts with corporate structures, where the business can continue independently of its owners.

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