Resolution: Purchase Equipment
Corporate resolutions are formal actions and decisions of a corporate, approved by the Board of Directors. Such resolutions are necessity during numerous situations, for covering of specific transactions. These resolutions are in the form of legal documents, voted at the meeting of Board of Directors. The resolution can also be termed as Corporate Actions, which [...]
Letter of Intent to purchase Share & Asset of a Business
If you are planning to buy or sell or initiate a merger, it is necessary that you should appoint lawyers and accountants because such acquisitions are very complex transactions, which needs expertise of these professionals for numerous issues and legal solutions. Though such transactions bear numerous risks, but their expertise can minimize these risks. Basically, [...]
Guarantee of Obligations under Asset Purchase Agreement
If you are selling Asset of a company and has entered into Asset Purchase Agreement with the buyer then, how would you be sure that, the payments would be paid by the buyers or he would honors his obligations under the Agreement? To safeguards your interest, you can insert the guarantee and indemnity clause in [...]
Asset Purchase Agreement Best Option Business Sale
Asset Purchase Agreement is entered between the business Asset buyer and seller of such Assets, without a sale of stock or transfer. This type of sale and purchase transaction is basically entered, when one business or company buys another company. The Agreement defines the assets and liabilities that are sold by the seller or purchased [...]
Assignment of Contract to Make Profit on the Purchase
Assignment of Contract are entered when, one party transfers his rights and obligations, under the previous drawn contract to the third party. This Assignment Agreement is legal document and enforces the transfer of rights. But, it is to be noted that, the previous Agreement should not hold non assignability clause, which can make the Contract [...]
Financial Record Keeping Checklist for Proper Management of Accounts
The success of any business depends on the financial records that are kept. Keeping of Financial Records are not only necessary for the smooth running of the business but also helpful in tax procedures, management of account and business. These records are also helpful in understanding the income, expenditure, money coming-in and money going-out and [...]
Credit Memo for Your Returned Goods
If you have purchased certain electronic items on cash payments from the dealer but on receipt of the goods, it is found that, certain pieces of your purchased items were defective, prompting you to return the same, how would you be compensated for the returned electronic goods? The seller or dealer would issue you a [...]
New Car Invoice Price, Sellers Secret and Buyers Gain
Are you planning to buy a new car? Then make sure you pay New Car Invoice Price for your car purchase, which is lower than, what other buyers are paying for the similar car. When a customer goes out to the market to purchase a new car, he unknowingly or without proper knowledge of purchase [...]
New Car Invoice Price, Sellers Secret and Buyers Gain
Are you planning to buy a new car? Then make sure you pay New Car Invoice Price for your car purchase, which is lower than, what other buyers are paying for the similar car. When a customer goes out to the market to purchase a new car, he unknowingly or without proper knowledge of purchase [...]
Vehicle Bill of Sale Form a Proof of Sale Transaction
In America, if you want to buy any type of Vehicle, whether it is a car, bus, motor cycle, used car or truck, you will need a bill of sale. Bill of sale is needed to show that the person is legal owner of the vehicle. Even legal tax authorities or jurisdiction, demands bill of [...]