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Usimov [2.4K]
2 years ago
14

Three law partners form a Cross-Purchase Buy and Sell agreement. This agreement is funded with individual life insurance. How ma

ny total life policies are needed for this agreement
Business
1 answer:
tekilochka [14]2 years ago
3 0

The  total life policies that are needed for this agreement is: 6.

<h3>What is cross-purchase agreement?</h3>

A cross-purchase agreement can be defined as a process that enables  a business partners to buy a decease shares of a business and this process often depend on a life insurance policy.

Hence, the  total life policies that are needed for this agreement will be  6 total life policies.

Learn more about cross-purchase agreement here:brainly.com/question/7157405

#SPJ1

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