menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Essentials of Entrepreneurship Study Set 2
  4. Exam
    Exam 7: Buying an Existing Business
  5. Question
    An Earn-Out Is an Exit Strategy in Which an Entrepreneur
Solved

An Earn-Out Is an Exit Strategy in Which an Entrepreneur

Question 53

Question 53

True/False

An earn-out is an exit strategy in which an entrepreneur can increase his or her payout by actively participating in the business to make sure the company hits specific performance targets.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

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

Q49: Goodwill is an intangible asset that the

Q50: The amount the seller of a business

Q56: A due-on-sale clause allows an entrepreneur buying

Q57: A company's P/E ratio is:<br>A) the price

Q89: Briefly discuss the seven steps in acquiring

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines