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Which of the following is a disadvantage of an asset purchase? Select all that apply It has potential for double taxation of buyer It allows
Which of the following is a disadvantage of an asset purchase? Select all that apply
It has potential for double taxation of buyer
It allows bidder to step-up the basis of acquired assets
It may be subject to sales, use, and transfer assets
It may require third-party consents to assign contracts
It allows bidder to pick and choose the assets to acquire
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