Unless the Parties Agree Otherwise, the Buyer Is Obliged to Pay

question 60

True/False

Unless the parties agree otherwise, the buyer is obliged to pay for goods within no more than 120 days.

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Definitions:

Sherman Act

A foundational antitrust law in the United States that prohibits monopolistic practices and promotes competition.

Civil Litigation

The process of resolving disputes between individuals or entities through the court system, involving non-criminal matters.

Antitrust Complaints

Allegations made against entities suspected of engaging in anti-competitive practices that violate antitrust laws designed to promote fair competition.

International Business

Commercial activities that occur across national borders, including trade, investment, and operational activities.