8/23/11, 8:26 am

Legal Question

when a person buys a percentage of a business what is he entitled to if the busines is sold? is he entitled to just the percentage of profits or is he also entitled to the equipment ,machinery etc

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It may depend on several factors, but generally speaking, you would be entitled to a percentage of all of the company's ...

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Hunter Chamberlin

As a Franchise Attorney I can only say the following. It depends on (a) the type of business (corporation, partnership, ...

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Kevin B. Murphy

Generally a % of the entire business, assets and liabilities. The contract of purchase should explain it....

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David Slater

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