It is ________ to buy a going concern for less than it would cost ...

[kamilo84]

It is ________ to buy a going concern for less than it would cost to start a similar company.
 
  A) Possible
  B) Impossible
  C) Likely
  D) Improbable
  E) Definite

Question 2

Which of the following would be the most or least seasonal businesses and therefore have the most or least cyclical cash flow: a) snow plowing; b) high school senior photography; c) cleaning and repairing lawn mowers.
 
  d) evening and weekend babysitting. Why?
  What will be an ideal response?

[brittanywood]

Answer to Question 1

A

Answer to Question 2

Except for the evening and weekend babysitting business, all others would be seasonal and have cyclical cash flows. For example, snow ploughing would be during the winter months and nothing the rest of the year, while repairing lawn mowers would be in the spring alone.