Which of the following would describe a legal document which would dictate who can buy a deceased partner’s share of a business and for what amount? 1. Profit and loss agreement 2. Key person agreement 3. Split dollar agreement 4. Buy-sell agreement

Which of the following would describe a legal document which would dictate who can buy a deceased partner’s share of a business and for what amount?
1. Profit and loss agreement
2. Key person agreement
3. Split dollar agreement
4. Buy-sell agreement

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