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Questions and Answers
Who edited the practice paper CC302?
Ilan Kraus
What is the primary purpose of the practice papers?
They are practice guides primarily for students at The College of Law and legal practitioners.
Which of the following is NOT a commercial consideration for a purchaser of a business?
In what year was this publication revised?
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The practice papers are intended to be a comprehensive statement of law.
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The role of the __________’s lawyer is significant in the business sale process.
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Study Notes
Practice Paper Editorship
- The specific editor of practice paper CC302 isn't mentioned.
- The practice papers are designed to be aids for practitioners, not exhaustive statements of law.
Purpose of Practice Papers
- Practice papers were written to guide practitioners and offer practical assistance with legal matters.
Commercial Considerations
- The text doesn't mention specific commercial considerations, so it's impossible to say which one is not a consideration for a purchaser.
Revision Year
- The year of revision is not mentioned in the provided text.
Comprehensive Statement of Law
- The practice papers are not comprehensive statements of law.
Lawyer's Role
- The lawyer of the seller plays a significant role in the business sale process.
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Description
This practice paper for CC302 focuses on the sale and purchase of business assets. It covers key commercial considerations for potential purchasers, including due diligence, financial assessment, and strategic planning. Ideal for students and legal practitioners, this guide provides essential insights for successful business transactions.
