An asset purchase agreement is a legal document that outlines the terms and conditions of buying or selling assets in a business transaction. Boyd Law in Orange County has successful and experienced business purchase and sale attorneys offering free legal consultations.Our New Jersey business transaction attorneys are experienced in representing buyers and sellers in the purchase and sale of businesses or their assets. Starting a business in Orange County, CA, and need help with business formation? Call Debra Grimaila for an assessment of your needs at (844) 921-1937. Asset purchase agreements are a useful way to: Carve out certain assets of a business without taking on liabilities or debt obligations. ASSET PURCHASE AGREEMENT between ORANGE GLO INTERNATIONAL, INC. An asset purchase agreement is a contract for the sale of a business or specific business assets.