Examlex
Receiving the ordered goods and placing them in inventory are the last steps in the purchasing procedure.
Delivery
The process of transferring an item from the seller to the buyer, or the act of fulfilling a contractual obligation or transferring ownership.
Payment Obligation
A legally binding commitment to pay a specified amount of money to another party under the terms of a contract or agreement.
Impossibility
A legal defense in contracts referring to situations where an unforeseen event makes it impossible for a party to fulfill their contractual obligations.
Remote Event
An occurrence that has a very low probability of happening, often considered insignificant in decision-making processes due to its unlikely nature.
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