Small business management entrepreneurship and beyond 6th edition hatten test bank 1

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Solution Manual for Small Business Management Entrepreneurship and Beyond 6th Edition Hatten 128586638X 9781285866383 Full download link at: Solution manual: https://testbankpack.com/p/solution-manual-for-small-business-managemententrepreneurship-and-beyond-6th-edition-hatten-128586638x-9781285866383/ Test bank: https://testbankpack.com/p/test-bank-for-small-business-management-entrepreneurship-andbeyond-6th-edition-hatten-128586638x-9781285866383/

Chapter 6 Taking Over an Existing Business TRUEFALSE 1. Existing businesses do not have to be scrutinized carefully to determine whether they are a worthwhile investment of time and money. (A) True (B) False Answer : (B)

2. The fact that a business's image is difficult to change is a distinct advantage when taking over an existing business. (A) True (B) False Answer : (B)

3. Buying an existing business is becoming a more popular way to own a small business. (A) True (B) False Answer : (A)

4. A major advantage of purchasing an existing business is that the customers are familiar with the location. (A) True (B) False Answer : (A)

5. If an existing business is purchased, the buyer may be potentially liable for past business contracts.


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