Form agreement for the purchase and sale of a division or line of business of a private US corporation, drafted in favor of the seller. An APA spells out the conditions and terms under which a seller will transfer all of the assets that belong to the business to a buyer.Form agreement for the purchase and sale of a division or line of business of a private US corporation, drafted in favor of the buyer. This Asset Purchase Agreement ("Agreement") is made effective as of December 14,. Form of Asset Purchase Agreement. Attached as Exhibit. Gov or call 212-669-2784. How do I start my small claims case?