One Reason for Buying an Existing Business Is to Receive

question 39

True/False

One reason for buying an existing business is to receive a bargain price below what it would cost to start a new business.

---

Definitions:

Chess Set

A collection of 32 chess pieces, including kings, queens, bishops, knights, rooks, and pawns, used in the game of chess along with a chessboard.

Probability

A measure of the likelihood or chance that a certain event will occur, which varies between 0 (impossible) and 1 (certain).

Coin Flip

A basic randomization method used to determine outcomes by flipping a coin.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.