14.6 Ease of disposing of share in the businessA related issue to that of continuity is the relative ease with which a participant in a business may dispose of his or her share in that business. It is not an issue which arises in the context of a sole trader since the disposal of the sole trader’s share by definition involves the disposal of the business as a whole, and its resulting discontinuance1. In the case of a partnership or a limited liability company, on the other hand, one participant may wish to leave an ongoing business and indeed
A related issue to that of continuity is the relative ease with which a participant in a business may dispose of his or her share in that business. It is not an issue which arises in the context of a sole trader since the disposal of the sole trader’s share by definition involves the disposal of the business as a whole, and its resulting discontinuance1. In the case of a partnership or a limited liability company, on the other hand, one participant may wish to leave an ongoing business and indeed
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
0330 161 1234