Question: 1) Differentiate between buyouts and buy-ins. Learning Objective: 06-06 Explain four methods for purchasing an existing business. 2) Discuss the advantages and disadvantages of purchasing

1) Differentiate between buyouts and buy-ins. Learning Objective: 06-06 Explain four methods for purchasing an existing business.

2) Discuss the advantages and disadvantages of purchasing an existing business. Learning Objective: 06-03 Compare the rewards with the pitfalls of starting a new business.

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