Short Case Scenario 14-1

question 84

Essay

Short Case Scenario 14-1
Mary Ann has always loved to cook and is interested in starting a catering business. Being aware of the failure rate of new businesses, she is considering buying an existing catering business that is up for sale. The current owners claim that the business is highly profitable, but Mary Ann has her doubts. She wonders why the owners would be so interested in selling the business if it is such a money maker. Furthermore, the price that they are asking seems high to Mary Ann. Without any formal training in accounting, Mary Ann asks a friend, Rolanda, for advice.
-Rolanda explains the value of full disclosure to Mary Ann.What might have Rolanda told Mary Ann?

---

Definitions:

Sexuality

A broad spectrum that encompasses sexual orientation, sex life, sexual practices, and individual feelings and attitudes towards sexuality.

Later-Born Children

Refers to children born after the firstborn in a family, who may experience different parental expectations and social dynamics than their older siblings.

First-Born Children

Refers to the initial offspring in a family, often subject to different expectations, responsibilities, and developmental experiences due to their birth order.

Lecturing

The act of delivering an educational speech or presentation on a specific topic, typically to a classroom or large audience.