id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ftr-486	Halperin, Daniel	Assumption of Contingent Liabilities on Sale of a Business	2022	44	.pdf	application/pdf	21599	988	59	While this approach does not require estimates of the amounts of assumed contingent liabilities, it does distinguish between assumed liabilities and those incurred by the buyer. For example, suppose the parties, desiring to keep the risk of contingent liabilities on the seller, provide that if the buyer's payments on assumed contingent liabilities exceed a certain amount, the cash payable by the seller is reduced dollar for dollar.9 Since less cash changes hands between buyer and seller as more is paid by the buyer on the assumed liabilities, the purchase price is unaffected by the amount of the liabilities.	cache/ftr-486.pdf	txt/ftr-486.txt