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In this tutorial, Tony from Core DNA Group discusses the process of drafting business purchase agreements. He emphasizes consulting an attorney when dealing with such contracts. The video specifically uses the business purchase agreement and joint escrow instructions form, although acknowledges other options exist. Key elements of the agreement include: the offeror's identity (legal entity or individual), details about the business being purchased (location, purchase price), whether inventory is included, and the proposed closing date. The discussion highlights the importance of these components in creating a comprehensive purchase agreement.