Three law partners form a Cross-Purchase Buy and Sell agreement. This agreement is funded with individual life insurance. How many total life policies are needed for this agreement

Respuesta :

The  total life policies that are needed for this agreement is: 6.

What is cross-purchase agreement?

A cross-purchase agreement can be defined as a process that enables  a business partners to buy a decease shares of a business and this process often depend on a life insurance policy.

Hence, the  total life policies that are needed for this agreement will be  6 total life policies.

Learn more about cross-purchase agreement here:https://brainly.com/question/7157405

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