A business buyer wants to acquire a business in its totality, including the business identity and all rights, obligations, liabilities, and assets. the type of transaction that would accomplish this aim is

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Business

Demarion Morris

10 October, 07:59

A business buyer wants to acquire a business in its totality, including the business identity and all rights, obligations, liabilities, and assets. the type of transaction that would accomplish this aim is

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Yahir Zhang · Answer 1

It is the absolute ownership of a business. To achieve this you need to be an owner with the contract to the original owner that you wanted to acquire the whole of its company including the rights, obligations, and the like.

You need to have a written contract to have it legally binding. And to avoid issues in the future.