The Key Issue in Passing the Business on to an Employee

question 25

Multiple Choice

The key issue in passing the business on to an employee is

• A) long-term debt
• B) ownership
• C) cash flow
• D) experience

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Definitions:

Ancient Greeks

Refers to the people and civilizations of Greece in classical times, known for their contributions to philosophy, democracy, and arts.

American Revolution

A historic conflict between Great Britain and its Thirteen Colonies in North America that resulted in the independence of the United States.

Early 20th Century

A historical period that extends from the year 1901 to 1940, marking the beginning phase of the 20th century.

1960s

A decade characterized by significant cultural, social, and political changes around the world.