In a Sale of Business (Shares) a business that is incorporated can be sold by selling all issued shares of the Company. In this case the corporation and all its assets, rights and obligations would transfer from the seller to the purchaser.

In a Sale of Business (Assets) the business entity (corporation, partnership, etc.) remains with the sellers and only the assets of the business (equipment, buildings, client lists, etc) will be transferred to the purchaser.

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