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In this video, John McGuire discusses asset purchase agreements, differentiating them from stock purchase agreements. An asset purchase involves acquiring the assets of a business, often by a newly formed entity, while the seller typically dissolves if selling most assets. This type of sale can offer benefits to the buyer, allowing for depreciation on the purchased amount. Factors such as the roles of the buyer and seller influence the advantages and disadvantages of the agreement. For further inquiries about asset purchase agreements, viewers are encouraged to contact the McGuire Law Firm for a free consultation with a business attorney.
