Define: Reasonable Value
Reasonable Value means the agreed price between a knowledgeable buyer and seller, during good faith negotiations.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Reasonable Value means the agreed price between a knowledgeable buyer and seller, during good faith negotiations.
Relevant Circumstances
- Sale of a physical property
- Buying a business
- Purchasing goods or services