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Explain the seller's remedy of avoidance of installment contracts.
Commercial Oven
A heavy-duty cooking appliance designed for use in a commercial setting like restaurants or bakeries, built to withstand high-volume, continuous use.
Maintenance Costs
Expenses incurred in keeping an asset in working condition or restoring it to working condition.
Target Selling Price
The price at which a company aims to sell its product to achieve its financial goals.
Long Term
Refers to assets, liabilities, or investments that are expected to be held or have effects for a period longer than one year.
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