Buy and Sell agreements are agreements designed to keep a business going should something bad happen.
They outline what happens if an owner leaves or wants to sell their portion of shares, including the price and other terms, so the parties don't end up haggling in court for years like divorcing spouses over shares in the business.
They also outline what happens if a partner dies. Do their kids inherit their shares? What rights do those kids have? Can they vote in business decisions, for example, or are they silent partners? It's not all serious and bad though...leaving the shares to the kids this way can actually lower the estate tax and prevent a lot of confusion on everyone's part if/when ownership changes.
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Finance: What are Limit Order, Sell Limi...7 Views
Finance a la shmoop what is a limit order? you want to sell a thousand shares
of Colonel electric it was demoted after they cut their dividend the shares have [Scissors cuts dividend in half]
been trading wildly between $15 and $25 a share you don't want to feel like a
moron for having sold them at fifteen bucks when six weeks later they kissed
25 with tongue so what do you do well you put in a limit order that is you put
a limit of a minimum price of 25 bucks a share for Colonel Electric such that [Pile of stocks appear]
those shares will simply sit in your account unsold maybe forever until
somebody out in the wild blue yonder of Stockland is willing to pay twenty five [Woman standing at a colonel electric stand]
dollars or more for the shares where you have a minimum price limit of 25 bucks a
share in your order so here's to hoping they sell and don't get further demoted [Man carries stock into car]
Sargent Electric is just a place you don't want to go
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What is an All or None Limit Order? An all or none limit order says the investor wants their order filled entirely or not at all. An investor may r...