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Checklist, Summary of the Law, and Sample Form of the Sale of a Business

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This document provides a checklist for a for the sale of a business. The checklist provides standard questions a potential purchaser should consider including the business, financial, accounting, tax, and legal consequences of buying the target business. These questions will guide the purchaser through the due diligence process which involves collecting the necessary legal, financial, and operational documents as well as confirming the seller’s representations and warranties pertaining to the sale. Prior to receiving any confidential information or data, buyers and sellers should be prepared to sign a Non-Disclosure Agreement.

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