Buying an Existing Business Looks Appealing to the Potential Business

question 49

Multiple Choice

Buying an existing business looks appealing to the potential business owner for which of the following reasons?

• A) The existing firm is already functioning.
• B) The existing firm will always make a profit.
• C) The existing firm will have the best employees.
• D) The existing firm's owner will always provide financing.

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Definitions:

Law

A system of rules created and enforced through social or governmental institutions to regulate behavior, with its precise definition a matter of longstanding debate.

Socially Constructed

A concept or perception that has been created and accepted by the people in a society through cultural and social practice.

Relative

Considered in relation or in proportion to something else; not absolute.

Crime

Acts or omissions that constitute offenses against the public, punishable by law, and involve harm to society or its norms.