Article 18 (1) Even in cases where the transferee does not continue to use the
trade name of the transferor, if he/she advertises to the effect that he/she will
assume the obligations arising from the business of the transferor, the obligees
of the transferor may demand the performance of the said obligations from the
transferee.
(2) Where the transferee is liable for the performance of the obligations of the
transferor pursuant to the provisions of the preceding paragraph, the liability
of the transferor shall be extinguished upon the lapse of two years after the
day of the advertisement as set forth in said paragraph, in relation to any
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obligee who does not demand the performance of the said obligations or does
not give advance notice of his/her demand within said period.