Jim Short and Ron Tall are trying to decide whether to start a new business or buy an existing one.Which of the following would strengthen the case for buying an existing business?
A) The men have lots of ideas regarding the type of business they would like to own.
B) They would benefit from the customer base of an existing business.
C) An existing business may have difficulties that they would inherit if they bought it.
D) Both men value independence.
E) Existing small businesses usually have a lot of debt.
Correct Answer:
Verified
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