Buy-and-Sell Agreement

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August 25, 2024 4 min read Definitions
Buy-and-Sell Agreement: Predetermined Transfer of Business Interests
Business Finance Sole Proprietorship Partnerships Close Corporations Buy-and-Sell Agreement Business Continuity
An approach used for sole proprietorships, partnerships, and close corporations in which the business interests of a deceased or disabled proprietor, partner, or shareholder are sold according to a predetermined formula to the remaining members of the business.
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