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Reps and Warranties Definition

Reps and Warranties Representations and Warranties or Reps and Warranties is a term that constitute the underlying facts of the contract and it describes the assertions that a buyer and/or seller...

What is an Asset Sale in Business?

Asset Sale - Meaning and Definition An asset sale occurs if a bank or another company sells its debts to a third party. It is a form of a non-resource sale for various reasons, including...

What is Seller Note?

What is Seller Note? A seller note is a form of debt financing used in small business acquisitions when the seller agrees to receive a portion of the asset purchase price as a series of deferred...