Question

In buying an existing business the prospective buyer should ask questions about the operation of the business which of the following would be an appropriate question to ask

Answer 1

In buying an existing business, the questions that would be appropiate for the prospective buyer to ask are the following:

• E. All of the above are appropriate questions to ask.

I was able to find the complete exercise online and the exercise had five options to choose from. These are the options:

• A. Is the business operating at a profit?
• B. Why are you selling?
• C. Are there any problems with the business?
• D. Will the customers stay with the business?
• E. All of the above are appropriate questions to ask.

The correct option was "E" because all the questions are not only appropiate but necessary to ask.

When buying an existing business, you need to know everything about the business and the reason why the owner is selling because it may make you change your opinion or help you make future decisions.

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