In Buying an Existing Business, the Prospective Buyer Should Ask

question 115

Multiple Choice

In buying an existing business, the prospective buyer should ask questions about the operation of the business. Which of the following would be the most appropriate question to ask?

• A) How are you going to use the money you receive for the business?
• B) Are any of the employees creating problems?
• C) Who loaned you the initial investment?
• D) Are there any problems with the business?

---

Definitions:

Probability

This is the estimation of an event's probability, indicated by a number from 0 to 1, where 0 is the impossibility of the event and 1 is absolute certainty.

Smart

Exhibiting intelligence and cleverness, often applied to devices with automated or responsive features due to embedded technology.

Funny

Eliciting laughter or amusement; an attribute of something that is humorous or entertaining.

Environmental Issues

Problems related to the natural environment due to human activities, such as pollution, climate change, and deforestation.