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To: A Patriot Son
You buy assets rather than the whole corporation to cut off certain liabilities. If you buy farmland, you certainly don't assume all of the liabilities of the former owner.
148 posted on 02/09/2003 7:19:32 PM PST by PAR35
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To: PAR35
You buy assets rather than the whole corporation to cut off certain liabilities. If you buy farmland, you certainly don't assume all of the liabilities of the former owner.

yes you do ,just ask the Government E.P.A departmet!!!

159 posted on 02/09/2003 7:50:03 PM PST by A Patriot Son
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