What is considered a valid reason for small businesses to insure the lives of its major shareholders? To provide an income for the surviving dependents Reduce the company’s tax liability To pay for final expenses Fund a buy-sell agreement

What is considered a valid reason for small businesses to insure the lives of its major shareholders?
To provide an income for the surviving dependents
Reduce the company’s tax liability
To pay for final expenses
Fund a buy-sell agreement

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