The mechanics of most small business sales involve:
A)a cash buyout with no financing.
B)a down payment with a note carried by the seller.
C)no down payment with a note carried by the seller.
D)an exchange of one company's stock for another,and stock options for senior managers.

Question

Quizplus · Accepted Answer

Most small business sales involve a down payment with the remainder of the purchase price financed by the seller, known as a note carried by the seller. This allows the buyer to leverage their initial investment while providing the seller with ongoing income and some security on the sale.

The Mechanics of Most Small Business Sales Involve