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Evans owns 50% of the common stock in Bosox Bar & Grille, Inc. Pedroia owns the other 50%. They have tentatively agreed to sell their
Evans owns 50% of the common stock in Bosox Bar & Grille, Inc. Pedroia owns the other 50%. They have tentatively agreed to sell their shares to Bogaerts. In the purchase and sale agreement, should they make a single, joint and several covenant to sell or should each seller make a separate (i.e., several) covenant to sell the shares that seller owns, and why?
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