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Structural division: Book Three › CHAPTER THREE › SECTION TWO
Article 125 — Particulars in the Contract of Sale
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
The contract of sale shall specify:
1/ The turnover and profits made during the last three financial years or since the business was created or acquired by the seller, where such creation or acquisition took place less than three years before the sale;
2/ Where the business is carried on in premises let out for hire, the date on which the contract of lease was made and is to expire and the name and address of the lessor;
3/ The mortgage on the business, if any.