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The purchase and sale agreement (PSA) is the agreement that finalizes all terms and conditions in the buying/selling of a company as originally stipulated in the letter of intent (LOI). When the shares of a company are bought/sold, the PSA is a share purchase agreement (SPA).
A purchase agreement, also referred to as a purchase contract, real estate sales contract, or real estate purchase contract, is an agreement between a buyer and seller that spells out the terms of a real estate transaction. As its name suggests, it's a contract to purchase a property.
A PO is created before there is an agreement between the parties: The buyer sends the PO to the seller, who then has the choice of whether to accept it. With a purchase agreement, the parties have worked out their agreement beforehand, and the purchase agreement is the written expression of that agreement.
A purchase and sale agreement, or PSA, is a document that is written up and signed after a buyer and seller mutually agree on the price and terms of a real estate transaction.
A purchase and sale agreement (PSA) or alternatively a sales and purchase agreement (SPA) is an agreement between a buyer and a seller of real estate property, company stock, or other assets.
An APA differs from a stock purchase agreement (SPA) under which company shares, title to assets, and title to liabilities are also sold. In an APA, the buyer must select specific assets and avoid redundant assets. These assets are itemized in a schedule to the APA.
A sales and purchase agreement (SPA) is a binding legal contract between two parties that obligates a transaction to occur between a buyer and seller. SPAs are typically used for real estate transactions, but they are found in other areas of business.
43. Buyer not bound to return rejected goods. ?Unless otherwise agreed, where goods are delivered to the buyer and he refuses to accept them, having the right so to do, he is not bound to return them to the seller, but it is sufficient if he intimates to the seller that he refuses to accept them.