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Which of the Following Is Considered a Disadvantage of Buying

Question 24

Multiple Choice

Which of the following is considered a disadvantage of buying an existing business?


A) Acquiring a "going concern" with a good past history increases the likelihood of a successful operation for the new owner.
B) Has an established clientele.
C) Established relationships with banks, trade creditors, and other sources of financial support.
D) Present personnel may be unproductive and have a poor track record.

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