Question : Buy-sell agreement in which issuing corporation or partnership buys the interest from the transferring party or from the deceased party is called:
Repurchase agreement
Entity purchase agreement
Redemption agreement
Cross purchase agreement
Answer : B, C, D
Question : One of the most important tools for conducting a business valuation thoroughly and on a timely basis is a proper schedule. Most first-time, or in frequent, business valuation clients (and their attorneys) tend to underestimate the amount of lead time necessary for the appraiser to prepare a through and professional opinion. Scheduling problems often arise because:
The client delays in committing to the project hoping that the valuation problem will go away
A major change in some aspect of assignment midway through the project
The client is not having awareness regarding valuation standards and selection criteria
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