Name: 
 

Chapter 13: Your Great Adventure: Exploring Your Options



Matching
 
 
a.
business-opportunity broker
b.
tangible assets
c.
inventory
d.
price/earnings (P/E) ratio
e.
goodwill
f.
bulk sales escrow
g.
escrow company
h.
earnout
i.
lien
 

 1. 

a legal obligation filed against a piece of property
 

 2. 

an examination process intended to protect buyers from unknown liabilities
 

 3. 

The dollar value obtained when you subtract the total value of the tangible assets from the purchase price
 

 4. 

a neutral third party that holds deposits and deeds until all agreed-upon conditions are met
 

 5. 

items carried in the normal course of doing business that are intended for sale
 

 6. 

things your business owns (lasting more than one year) that you can see and touch, such as real estate, equipment, and inventory
 

 7. 

a real-estate broker or consultant who specializes in representing people who want to sell businesses
 

 8. 

a contractual arrangement in which the purchase price is stated in terms of a minimum, and the buyer of the business agrees to make future payments to the seller based on the achievement of predefined financial goals after the closing
 

 9. 

the market price of a common stock divided by its annual earnings per share for the latest 12-month period     
 



 
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