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_____ Means the Extent to Which an Idea Is Viable

question 7

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_____ means the extent to which an idea is viable and realistic,and the extent to which you are aware of internal and external forces that could affect your business.


Definitions:

Fair Value

An estimate of the price at which an asset or liability could be bought or sold in a current transaction between willing parties.

Cash

Currency or coins that are used as a medium of exchange for transactions; also, readily available liquidity or assets.

Partnership Act

Legislation governing the operation of partnerships, detailing the rights and responsibilities of each partner.

Partnership Creditors

Individuals or entities to whom a partnership owes money or has a debt obligation.

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