One Way to Get into Business Is to Buy an Existing

question 60

Multiple Choice

One way to get into business is to buy an existing company. The value of the business used to determine a fair purchase price is based on

• A) the prospects for business competition.
• B) the current owner's retirement plan.
• C) the amount of government contracts the company has.
• D) the value of what the business owns, what it earns, and what makes it unique.

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Definitions:

Negligent

Failing to take proper or appropriate care in doing something, often leading to harm or risk of harm.

Basic Trust

The belief in the reliability, truth, ability, or strength of someone or something, often considered a foundational element of secure relationships.

Responsive Parenting

A parenting approach that involves recognizing and appropriately responding to a child's needs, cues, and signals.

Object Permanence

The understanding that objects don't vanish from existence just because they're momentarily undetectable to our senses.