Which of the Following Is Not an Advantage of Buying

question 105

Multiple Choice

Which of the following is not an advantage of buying an existing business?

• A)You have a proven product
• B)You have access to current cash flow.
• C)You have a list of suppliers that you can use
• D)You will inherit trained employees.

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Definitions:

English Auction

A public sale in which goods or properties are sold to the highest bidder, where the price ascends with successive bids until no higher bids are made.

Expected Revenue

The amount of money a company anticipates receiving from sales of its goods or services, based on current or forecasted demand.

Rational Bidders

Individuals or entities that make bids based on logical assessment of value and probability of winning in auctions or competitive contexts.

English Auction

A bidding process where participants openly bid against each other, with the item being sold to the highest bidder.