Purchases of Existing Businesses May Occur Through _____ in Which

question 51

Multiple Choice

Purchases of existing businesses may occur through _____ in which the business is bought over a period of time with money earned from the business.

• A)turnkey
• B)cash purchases
• C)earn-outs
• D)leveraged buyouts

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Definitions:

Consumer Preferences

The subjective tastes and desires influencing the buying behavior of consumers among different goods and services.

Tariffs

Taxes imposed on imported goods and services to increase their price and protect domestic industries.

Interest Rates

The price paid for borrowing money, usually expressed as a percentage rate over a period of one year.

Balance Of Trade

The difference between imports from and exports to another country. If imports are larger a trade deficit exists. If exports are larger there is a trade surplus.