In the Context of Buying a Business,a Known Commodity May

question 17

Multiple Choice

In the context of buying a business,a known commodity may command a higher price for what reason?

• A)historical projections have intrinsic value
• B)avoiding start-up costs has value
• C)property values are variable
• D)the value of a founder's stock decreases over time

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Definitions:

Primitive Type

A fundamental data type provided by a programming language that is not composed of other data types, such as int or boolean in Java.

Boxing

The process of converting a primitive type into its corresponding reference type or object.

Static Method

A method that belongs to the class, rather than instances of it, and can be called without creating an object of the class.

Class Name

A name given to a class to identify it in a program. It follows naming conventions and is used to create objects or instances.