Section 14-118 - Contracts for the sale of business opportunities(a) Each contract for the sale of a business opportunity shall be in writing.(b) The contract shall include: (1) the terms and conditions of payment;(2) a full and detailed description of the acts or services that the seller agrees to perform for the buyer;(3) the address of the seller's principal office;(4) the name and address of the seller's resident agent; and(5) the approximate date that the seller will deliver to the buyer any products, equipment, or supplies.(c) When a buyer signs a contract for the sale of a business opportunity, the seller shall give the buyer a copy of the contract.