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There are different requirements under REBBA and other legislation that affect the sale of a...

Humber College PREX-1060A Full Course Access
Humber College PREX-1060A View All Questions

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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