True/False
A due-on-sale clause allows an entrepreneur buying a business to "assume" the seller's loan (usually at a lower interest rate).
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: A new owner of an existing business
Q3: Which of the following is a potential
Q13: Laurette has entered into a contract with
Q43: With an existing business, the new owner
Q45: Important factors to investigate regarding the business
Q53: An earn-out is an exit strategy in
Q57: A company's P/E ratio is:<br>A) the price
Q59: Some business brokers differentiate between the types
Q60: Mini-Case 7-1: What's It Worth?<br>Lauren Holcombe has
Q61: The most meaningful method of determining the