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Can you break a contract for purchasing a business?

Updated: 8/16/2019
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16y ago

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Yes, as with any other type of contract, it may ALWAYS be "broken", as long as you are willing to pay any damages caused by a violation of the terms. In other words, for purely economic considerations, you SHOULD break a contract if you have a "better deal" that will more than cover the consequences of keeping a bad deal going.

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