Explain consequences of not having a signed buy-and-sell agreement in place.

  1. Simon Setlhare profile image60
    Simon Setlhareposted 6 years ago

    Explain consequences of not having a signed buy-and-sell agreement in place.

  2. Peter Owen profile image60
    Peter Owenposted 6 years ago

    If you are business partner with another person, and that person dies, his portion of assets goes to his heirs, not you unless you have a b/s agreement in place with life insurance to buy out the heirs portion

 
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