When you buy a home, it`s easy. You buy a property for a certain amount. In the case of a sale of assets, the business purchase agreement must specify which assets and liabilities represented the purchase price. If buyers and/or sellers have engaged an external intermediary during the sale process, the Business Purchase Agreement: A well-drafted business purchase agreement ensures that your best interests are taken into account, whether you are the buyer or the seller. A business purchase agreement is like a purchase agreement that documents the purchase of a business. The assets of a company or the shares of the company may be transferred. As a legally enforceable contract, this agreement ensures that the seller and buyer keep their promises and creates the opportunity to confirm the terms of the transaction. .