Briefly Discuss the Five Steps in Acquiring a Business

question 65

Essay

Briefly discuss the five steps in acquiring a business.

---

Definitions:

Laws

Formal rules and regulations, established by legislative bodies or by custom, which govern behavior and are enforceable by penalties.

Rules

Established guidelines or principles governing conduct or procedure within a particular area or activity.

Constitutional Democracy

A Constitutional Democracy is a form of government in which the powers of the majority are limited by a constitution that protects the rights and freedoms of individuals and minority groups.

Population

The total number of people or inhabitants in a specific area or region.