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Termination Rights in an Asset Purchase Agreement May

Question 43

Multiple Choice

Termination rights in an asset purchase agreement may


A) Include fees and the payment of damages caused by certain events.
B) Allow both parties a 90 "cooling off" period if the transaction becomes hostile.
C) Require the termination to be handled with due diligence.
D) Allow the court to intervene judicially if it believes one of the parties is making unwise decisions or that one party possesses.

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