Edmond Is Negotiating to Purchase an Existing Business

question 63

Multiple Choice

Edmond is negotiating to purchase an existing business. One provision he should write into the sale contract is

• A) access to the seller's customer list.
• B) disclosure of the business's revenues for the last year.
• C) a statement of the royalties payable to the seller.
• D) a noncompete agreement.

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Definitions:

Workplace Violence

Acts of aggression, physical assaults, or threatening behavior occurring in work settings.

Hiring Procedures

The systematic process an organization uses to identify, attract, screen, and select candidates for employment.

Terminated Employees

Workers who have been dismissed or let go from their positions by the employing organization.

Cultural Intelligence

The ability to relate to and work effectively across cultures.