Author
Assoc. Prof. Anna Staneva, PhD
Annotation
This article deals with issuesconcerning the nature and the legal procedure of the taking up of an enterprise by the legal successors of a sole entrepreneur. The article provides an answer to the question: What is the point of taking up of such-like enterprise, what the legal consequences are and what is the legal significance of the other heirs’ consent? Furthermore, in this article are examined the hypotheses where it is possible to keep the enterprise after the sole entrepreneur has passed away.
Keywords
sole entrepreneur, inheritance, heirs, taking up of an enterprise, sole entrepreneur, settlor, Succession Act, Commerce Act, transfer, commercial activity, coheir, voluntary partition, legacy, testament, testamentary disposition, transfer of shares