A Share Purchase Agreement (SPA) is a legally binding contract that outlines the terms and conditions of the sale and purchase of shares in a company. The agreement needs to contain several key pieces of information to ensure clarity and protect the rights and obligations of both parties involved in the transaction. Here are the…
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Can You Rescind a Share Purchase Agreement?
By signing a share purchase agreement, the buyer and the seller guarantee their mutual agreement and consent to the transaction. There are times when the seller may not provide the buyer with all the details when making the purchase. Consequently, the buyer is liable. This will not be accepted by the principles of law. A…