Humber College Exam 4: Invigilated Theory Exam PREX-1060A Question # 21 Topic 3 Discussion
PREX-1060A Exam Topic 3 Question 21 Discussion:
Question #: 21
Topic #: 3
There are different requirements under REBBA and other legislation that affect the sale of a business. Which of the following is NOT correct?
A.
A key consideration a salesperson must keep in mind when handling the sale of a business is operating licenses.
B.
Depending on the business location, there are various municipal bylaws, zoning, permits, and other rules and regulations that could impact the sale of a business.
C.
There are various municipal bylaws that could impact the sale of a business, depending on the business activity.
D.
If a municipal license is associated with the business and it may be transferrable to the buyer, then it is of no concern to the sales representative.
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