(CBB) Certified Business Brokers Practice Test
CBB CBB Confidentiality & Business Listing Management
Why is confidentiality critical when listing a business for sale?
Select your answer
A
To comply with SEC disclosure requirements
B
To protect the business from harm caused by employees, customers, or competitors learning of the potential sale
C
To prevent the IRS from auditing the transaction
D
To avoid paying transfer taxes on the sale
Hint