When Buying an Existing Business,one Should Remember That

question 43

Multiple Choice

When buying an existing business,one should remember that:

• A)it is generally not important to independently evaluate the inventory.
• B)you are always buying goodwill with the tangible assets of the business.
• C)it is as easy to make change in an existing business as it is in a start-up.
• D)the real reason for selling is seldom stated honestly.