One Way to Get into Business Is to Buy an Existing

question 60

Multiple Choice

One way to get into business is to buy an existing company. The value of the business used to determine a fair purchase price is based on

• A) the prospects for business competition.
• B) the current owner's retirement plan.
• C) the amount of government contracts the company has.
• D) the value of what the business owns, what it earns, and what makes it unique.

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Definitions:

Constriction

The process of narrowing, tightening, or compressing, often referring to blood vessels or muscles.

Respiration

The process of breathing, involving the inhalation of oxygen and the exhalation of carbon dioxide, crucial for cellular metabolism.

Excitability

The capability of a cell to respond to a stimulus, characteristic of nerve and muscle cells.

Nervous System

The nervous system is the network of nerve cells and fibers that transmits nerve impulses between parts of the body, coordinating bodily functions and responding to internal and external stimuli.