Which of the following would describe a legal document which would dictate who can buy a deceased partner’s share of a business and for what amount? 1. Profit and loss agreement 2. Key person agreement 3. Split dollar agreement 4. Buy-sell agreement
Which of the following would describe a legal document which would dictate who can buy a deceased partner’s share of a business and for what amount?1. Profit and loss agreement2. Key person agreement3. Split dollar agreement4. Buy-sell agreement
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