Examlex
Which of the following best explains why many former prescription drugs have become over-the-counter (OTC) drugs?
Sale Itself
An actual transaction or agreement where a seller agrees to transfer ownership of goods or property to a buyer for a price.
Contingent on Approval
Depending on the granting of approval or permission by a relevant authority or party before proceeding or becoming effective.
Goods-In-Bailment Contract
A type of contract in which the purchased goods are in some kind of storage under the control of a third party, such as a warehouseman.
Negotiable Document of Title
A document that guarantees the delivery of goods and can be transferred by endorsement to another party, facilitating the trading of goods without physical movement.
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