QUESTION
In NYS if a sole proprietor dies intestate are the heirs obligated to continue running the business if the assets are pohysically on the property
Asked on Jun 21st, 2012 on Business Law - New York
More details to this question:
If they are bound to run the business, would they be bound by any prior contracts
1 ANSWER
Reviews not shown
1 Award
The contracts are generally binding on the estate of the decedent.
Answered on Jun 21st, 2012 at 3:56 PM