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Car dealerships use a car purchase agreement, or car sale agreement, to finalize a sale. These contracts serve as a sales agreement between the buyer and seller. If you are purchasing a used vehicle from a private seller, the seller may ask you to sign a bill of sale, which is a very simplified form of car purchase agreement.
An entity purchase agreement is an agreement that utilizes life insurance in order to make sure that business ownership will be transferred correctly. Here are the basics of an entity purchase agreement and how it works. Entity Purchase Agreement If a business is owned by more than one individual,