v York from its previous ner. Khalil was eating a m Roots Café and mentione he owner that he would own a business of his owr neday. The owner also ha chased the restaurant bu s never able to make it a

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Khalil bought Roots Café in
New York from its previous
owner. Khalil was eating a meal
at Roots Café and mentioned
to the owner that he would like
to own a business of his own
someday. The owner also had
purchased the restaurant but
was never able to make it a
profitable business. The owner
offered to sell Khalil Roots
café. Khalil got a loan from a
family member and was able
to buy the company assets for
$8,000 less than the seller's
asking price. Through which of
the following sources has
Khalil found out that Roots
Café was for sale? *
Advertisement
Hidden market
A "for sale" sign
Restaurant association
Transcribed Image Text:Khalil bought Roots Café in New York from its previous owner. Khalil was eating a meal at Roots Café and mentioned to the owner that he would like to own a business of his own someday. The owner also had purchased the restaurant but was never able to make it a profitable business. The owner offered to sell Khalil Roots café. Khalil got a loan from a family member and was able to buy the company assets for $8,000 less than the seller's asking price. Through which of the following sources has Khalil found out that Roots Café was for sale? * Advertisement Hidden market A "for sale" sign Restaurant association
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