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- An asset purchase agreement is a written legal instrument that formalizes the purchase of a business or significant business asset1. It is also known as an asset sale agreement or business purchase agreement1. The agreement details the structure of the deal, price, limitations, and warranties1. An asset purchase agreement allows a business to sell its tangible or intangible property, such as machinery, equipment, customer lists, trademarks, patents, and any other valuable property2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
What Is an Asset Purchase Agreement? An asset purchase agreement, also known as an asset sale agreement, business purchase agreement, or APA, is a written legal instrument that formalizes the purchase of a business or significant business asset. It details the structure of the deal, price, limitations, and warranties.
www.contractscounsel.com/t/us/asset-purchase-ag…An asset purchase agreement, or “ APA “, allows a business to sell its tangible or intangible property. Examples of a business’s assets include machinery, equipment, customer lists, trademarks, patents, and any other valuable property.
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