What is CEASE TO DO BUSINESS? Definition of CEASE TO DO BUSINESS in Black's Law Dictionary - Legal dictionary - Glossary of legal terms.
A going concern ceases to do business when it sells all its property, plant, assets of all kinds, including cash, and the buyer takes possession. Van Oss v. Premier Petroleum Co., 113 Me. 180, 93 A. 72, 77.
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That's the definition of CEASE TO DO BUSINESS in Black's Law Dictionary - Legal dictionary - Glossary of legal terms. Courtesy of Cekhukum.com.