The buy -sell agreement preserves the continuity of ownership and insures that everyone is treated fairly.

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A buy-sell agreement is a legally binding agreement between co-owners of a business that controls the situation if a co-owner dies, is forced to leave the business, or chooses to leave the business. It ensures the continuity of the business by outlining the terms under which the departing owner's share of the business is to be sold to the remaining owners or to the partnership, and it helps ensure that all parties are treated fairly.

The Buy -Sell Agreement Preserves the Continuity of Ownership and Insures