10Jan Papers from a Corporate meeting saying a price that we agreed on to sell the business?
thomas asked:
We had a verbal agreement and also agreed on a price to sell the business at a s corporate meeting. Is this corporate paper a legal document .See has testified in court that she was going to buy me out.
We had a verbal agreement and also agreed on a price to sell the business at a s corporate meeting. Is this corporate paper a legal document .See has testified in court that she was going to buy me out.
January 12th, 2009 at 4:52 am
Depends on what else the paper said. The biggest clue would be if they ever deposited a down payment in a escrow account on your behalf. If they haven’t then it was not a sale agreement. It could have been just an agreement on what the sale price would be, if they decide to buy.