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This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
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Asset purchase agreements can be a useful way to create a new business while leaving unwanted resources and potential issues with the seller. The balance of the Purchase Price plus the Inventory Value (collectively, the.
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