This document is an agreement for the sale and purchase of a business and assets as a going concern. Create your Asset Purchase Agreement.Fill in the form below to have our free APA template emailed to you. An Asset Purchase Agreement is a contract for the purchase of some of a business' specific assets, in which the terms of the sale are set out. Many Buyers will require that a sale be structured as an Asset Purchase in order to avoid responsibility for prior liabilities or expenses of the business. Governing your use of your PayPal account and the PayPal services. How do I fill this out?