The Different Types of Transactions Involving Small Businesses Are

question 3

Multiple Choice

The different types of transactions involving small businesses are

• A) strategic, financial, and employee acquisitions.
• B) financial, employee, and internal acquisitions.
• C) strategic, internal, and financial acquisitions.
• D) internal, external, and complex acquisitions.

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Definitions:

Liability

Legal obligations or debts that a business or individual is responsible for.

Liability

Liability refers to a company's legal financial debts or obligations that arise during the course of business operations.

Asset

An item of value owned by a person or company, regarded as having economic value and available to meet debts, commitments, or legacies.

Owner's Equity

The residual interest in the assets of the entity after deducting liabilities, representing the ownership's claim on the company assets.