An arm’s length transaction is a deal wherein both buyer and seller are independent, unrelated, well-informed, have equal bargaining power, and are acting purely in their own self-interest to get the best price out of the deal. And because they are both on equal footing, an arm’s length transaction is one that meets fair market… The post What Is an Arm’s Length Transaction? appeared first on Fit Small Business. from https://fitsmallbusiness.com/what-is-an-arms-length-transaction/
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AuthorHello I am Teri Crawford 26 years old living in Toronto, Canada. I have recently finished my MBA and planning to start my own business. Archives
November 2018
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