Sometimes there is lacking clarity about the liability when an individual as a part of a company enters into a verbal agreement - especially when it is not vocally specified who is bearing responsibility. The last thing you want or need is to be in a contract that binds you to something but you thought you were agreeing to something else.
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Could there be disputes? Absolutely. There often are between buyers and sellers, which is why it's important you have a lawyer ready for litigation even after the ink has dried. Working capital is the biggest issue of dispute, with some cases going to trial and lasting for years with discrepancies in the millions and billions. Working capital is the biggest cause for dispute, but litigation post-sale can happen for any number of reasons including warranties & purchase price payments.
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