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:

Patient's Chart

A comprehensive record of a patient’s medical history, treatments, and care provided over time.

Current Charges

The present fees or financial obligations incurred for services or goods.

Office Visit

An office visit is an appointment or meeting with a professional, often in the medical field, conducted in their office for consultation, examination, or treatment.

Discriminating

The act of making unjust distinctions between people based on the groups, classes, or other categories to which they are perceived to belong.