Jill is purchasing a web design company that has patented a new form of technology.Which purchase would be best for her in relation to the web design company's liabilities?

Question

Quizplus · Accepted Answer

Buying the business's assets would limit Jill's liability to the assets she acquires. If she were to buy the shares, she would also acquire any liabilities the company may have, including potential lawsuits related to the patented technology. Merging the company with her present business would also result in potential liabilities being transferred. Therefore, buying the assets is the safest option for Jill.

Jill Is Purchasing a Web Design Company That Has Patented