Examlex
Discuss the term "rightless recovery".
Merchant
A person or company involved in wholesale or retail trade, especially one dealing with tangible goods.
Written Offer
A formal proposal or bid presented in written form, detailing the terms under which the writer is willing to engage in a contract or agreement.
Requirements Contract
A contract in which the seller agrees to supply all of the buyer's needs for a particular good or service over a specified period.
Output Contract
An agreement in which a seller agrees to sell all of its production to a single buyer, typically used to ensure a steady market for the seller's product.
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