QUIZ 6 - Missed 1 Question 1 (1 point) Startups are always...

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Question 1  (1 point) Start-ups are always deliberate, well planned, and financed. False Question 2  (1 point) An asset is a legal debt or obligation. False Question 3  (1 point) Starting a business in a business incubator has been shown to be one effective road to success. True Question 4  (1 point) The difficulty of determining what a small is worth is an advantage of purchasing an existing  business. False Question 5  (1 point) The point of indifference is where the buyer is indifferent about buying or not buying the business. True Question 6  (1 point) _________________ is a disadvantage of a start-up.
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The ease of obtaining revolving credit Starting with a clean slate The opportunities to use the most up-to-date technologies The ability to provide new and unique products Question 7  (1 point) Due diligence is the process of investigating a business to determine its value. Question 8
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This note was uploaded on 06/28/2011 for the course BUS 350 taught by Professor Na during the Spring '11 term at American River.

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QUIZ 6 - Missed 1 Question 1 (1 point) Startups are always...

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