1. If there are contracts which are essential to the conduct of the business, the purchaser should make obtaining consent to assign or novate these a condition precedent. 2. A purchaser should always make careful enquiries to satisfy himself that persons described by the vendor as independent contractors are not in fact employees. 3. United Mizrahi told New York City-based Commercial Bank that another purchaser made a higher bid for its New York unit. 4. Variable annuities let purchasers make their own choices from a menu of mutual funds. |