An asset sale is the purchase of individual assets and liabilities, whereas a stock sale is the purchase of the owner's shares of a corporation. In a stock sale, the buyer acquires equity from the target company's shareholders.Asset Sale lets buyers choose specific assets and liabilities; Stock Sale doesn't. An asset sale might not include all of the target's assets and potential liabilities. While an asset sale outshines a stock sale in company structure support, it loses a fair amount of points when it comes to tax implications. In an asset sale, you can either sell the property as part of the deal or retain it. With an asset sale, the buyer is buying the assets of the business. These assets will be identified in the purchase and sale agreement. The District's net position is the difference between its assets, liabilities, and deferred inflows and outflows of resources reported in the balance sheets.