Appendix A: Site References; Legal Description. Our business law experts provide tailored solutions for business and asset purchases.Asset purchase agreements are a useful way to: Carve out certain assets of a business without taking on liabilities or debt obligations. What is an Asset Purchase Agreement? Asset-Purchase Agreements (APA's) are official agreements that define terms and conditions between buyers and sellers. If you are purchasing a business Utah law requires you to: Apply for new tax licenses. Find top rated Utah asset purchase agreement lawyers. Post your legal needs and get proposals from vetted lawyers in UT for your APA. Business Bill of Sale: This document outlines the sale details, including the purchase price, assets included, and any warranties or guarantees.