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Why Might an Entrepreneur Wish to Purchase an Existing Business

question 103

Essay

Why might an entrepreneur wish to purchase an existing business rather than start one from scratch?


Definitions:

Dissociate

To formally end association or involvement with a business entity or partnership.

Partnership

A business operation legally established by two or more people sharing both profits and management duties.

Equal Right

The principle that all individuals should have the same rights and opportunities under the law.

Intent

The state of mind with which an act is done, signifying purpose or intention.

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