For a variety of reasons, and in a wide range of circumstances, business either buy other business or assets of another business, or the business or its assets are acquired by another business. Such transactions have many potential problems and risks. Depending upon the complexity and size of such transactions, competent professional advice at the inception of the negotiations from both lawyers and accountants can help businesses navigate their way through the process, so as to minimize the risks, and increase the chances of success. Provisions providing for due diligence, requiring a review of financial records and other appropriate contingencies in the Purchase and Sale Agreement can make the difference between a successful or a failed merger or acquisition.