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An asset sale is the purchase of individual assets and liabilities, whereas a stock sale is the purchase of the owner's shares of a corporation. While there are many considerations when negotiating the type of transaction, tax implications and potential liabilities are the primary concerns.
The definition of a deed of absolute sale is an agreement between a  seller and a purchaser legalizing the purchase of property. It can  be done in writing and it legally bi â¦ nding. 5 people found this useful.