Everest Is Negotiating to Purchase an Existing Business

question 68

Multiple Choice

Everest 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 non-compete agreement.

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Definitions:

Crisis Intervention

A short-term assistance provided to individuals facing acute mental health challenges, aiming to prevent prolonged distress and to stabilize the situation.

Duration

The length of time that something lasts or continues.

Disequilibrium

A medical term referring to a lack of balance or stability, which can affect physical movement or cognitive perception.

Crisis Principle

A concept in psychology that suggests a crisis can be a turning point for individuals, leading to potential positive change or improvement.