Legal Question in Business Law in Utah
If a business is purchased by another business, must existing customer/client contracts be honored by the new business owner?
Asked on 7/12/12, 3:58 pm
1 Answer from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
That depends on the terms of the purchase agreement and what is meant by "honored."
Answered on 7/12/12, 4:08 pm
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