Why is it a risky choice to buy an existing business that has filed for bankruptcy?
A) It takes special knowledge and skills to conduct an effective turnaround.
B) The current owner may not want to sell the business.
C) Customers may boycott the new owner due to their loyalty to the current owner.
D) Suppliers may offer extra discounts to the new owner to support the turnaround.
Correct Answer:
Verified
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