07-13-11 ESTATE OF CLAUDIA L. COHEN, ET AL. VS. BOOTH COMPUTER, ET AL. A-0319-09T2
A family partnership agreement that provides for a buyout based on net book value may be enforced where the disparity between book value and market value is significant. Even with a significant disparity, the terms of the agreement prevail and the disparity does not render the agreement unconscionable or unenforceable.
