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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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