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Mohammad is the owner of a gourmet ice-cream shop in Durban. While preparing for...
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Mohammad is the owner of a gourmet ice-cream shop in Durban. While preparing for the busy holiday season, Mohammad notices that his biggest competitor, SoftServe, has gone out of business. They are selling their ice-cream machine at a very good price during their liquidation sale. As Mohammad has put away extra cash, he can capitalise on this opportunity. Which one of the following represents Mohammad’s reason for keeping cash available in the above scenario?
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