The Asset Purchase Agreement in Utah is a legal document that facilitates the sale of a business's assets from a Seller to a Buyer. This agreement outlines the specifics of the assets being purchased, including equipment, inventory, and goodwill, and may also stipulate excluded assets and liabilities assumed by the Buyer. Essential sections include the purchase price allocation, payment terms, and representations and warranties by both parties. For effective use, users should modify the template to fit their specific facts and delete any non-applicable provisions. Attorneys, partners, owners, and their associates will find this form useful for structuring business sales, ensuring compliance with legal requirements, and protecting their respective interests. Legal assistants and paralegals can support the preparation of this document, ensuring that all necessary information is accurately filled in to avoid potential disputes.