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:

Socioeconomic Status

An assessment of a person's or family's financial and societal status compared to others, determined by their earnings, level of education, and employment.

College Students

Individuals enrolled in institutions of higher education, including universities and colleges, to pursue undergraduate or graduate degrees.

Emerging Adulthood

A phase of the life span between adolescence and full-fledged adulthood that encompasses late teens through the twenties, marked by exploration of identity.

Adolescence

A developmental phase following childhood, marked by physical, psychological, and social changes leading to adulthood.