Final answer:
Option (b), the removal of all but one natural licensed person in a business entity, does not render a license inoperative. Licenses typically remain valid as long as there is at least one licensed individual within the entity.
Step-by-step explanation:
The question you've asked pertains to the conditions that would render a license inoperative. Among the given options, option (b) The removal of all but one natural licensed person in a business entity is not a condition that would render a license inoperative. Typically, licenses remain operative as long as there is at least one natural person who is licensed and affiliated with the business entity. Conversely, when there is a reactivation of a license without correction of deficiencies, the death of the person to whom the license was issued, or the termination or removal of the last natural person named on a license, these conditions can cause a license to become inoperative as they fundamentally alter the legal or operational status of the license holder within the business entity.