An additional consideration to keep in mind when negotiating to purchase an existing business includes requesting that the seller retain _____ in the firm.
A)a minority interest
B)a majority interest
C)either a minority or a majority interest
D)minority dependence

Question

Quizplus · Accepted Answer

Requesting that the seller retain a minority interest in the firm can be beneficial as it ensures that the seller remains somewhat invested in the success of the business, potentially providing valuable support and insight during the transition period.

An Additional Consideration to Keep in Mind When Negotiating to Purchase