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maria and carlos are selling their grocery store to a large corporation. there will be a bulk transfer of the store's inventory in the sale to the corporation. public notice must be given of this transfer. who must give the public notice? how many days public notice must they give and why?

Respuesta :

The sellers are required to notify the public. Twelve business days before the transfer, they must publish a notice. If trade credit is still outstanding on the inventory, it offers the seller's creditors a chance to submit a claim.

What organization issues a tax clearance receipt when a firm is sold?

The California State Board of Equalization is responsible for issuing tax clearing certificates (BOE). To protect yourself from being held responsible for the previous owner's unpaid taxes, interest, or penalties, you should request a certificate before you finalize the purchase of a business.

How will the buyer or seller be informed of the location and time of the closing?

The time and day will be decided by the seller, who will also be in charge of informing everyone. Once the date is determined, their agents will let them know. The lender will provide them with information in accordance with MDIA guidelines.

Learn more about trade credit: https://brainly.com/question/28940561

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