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An Entrepreneur Sells the Business to a Group of Venture

Question 50

Multiple Choice

An entrepreneur sells the business to a group of venture capitalists who want to buy the business because they believe it is a good investment and because they do not own a business in the same industry yet. This is known as a sale to


A) nondirect competitors.
B) financial competitors.
C) direct competitors.
D) noncompetitors.
E) None of the above.

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