Accounts Receivable Contract For Dummies In Massachusetts
Category:
State:
Multi-State
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract for dummies in Massachusetts is designed to facilitate the sale of accounts receivable from the seller to the buyer. This contract outlines the seller's obligation to transfer all rights associated with specified accounts, as detailed in an attached exhibit. Key features include seller representations regarding the validity of accounts, the absence of contingencies, and conditions related to payment defaults. Users are instructed to complete each section carefully, particularly when specifying the accounts in Exhibit 'A'. The form allows the buyer a specified period to inspect accounts and cancel if unsatisfied. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it ensures legal compliance and protects interests during the sale of accounts receivable. Proper filling and editing are crucial to reflect the specifics of each transaction. Use cases include business sales, mergers, or when seeking to liquidate assets, making it a valuable tool for anyone involved in financial transactions in Massachusetts.
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