Acq ws4 detailed notes Study guides, Class notes & Summaries

Allocation of Risk Buyer will want some REASSURANCES about the nature and state of the company/business that it is acquiring and the possibility of recompense if the acquisition does not turn out as expected. WARRANTIES AND INDEMNITIES will be included in the sale and purchase agreement so as to provide the buyer with the comfort of possible recompense ⟶ Share acquisition = Under English law, neither common law nor statute will protect the buyer through implied terms in the contract o C...