If a Buyer or Lessee Wrongfully Refuses to Make Payments

question 94

True/False

If a buyer or lessee wrongfully refuses to make payments when due and this occurs before delivery,the seller or lessor may withhold delivery of the goods.

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Definitions:

Earnings Ratio

Earnings ratio typically refers to financial metrics that compare various aspects of a company's earnings to other measures, such as its share price in the price-to-earnings ratio.

Discriminate

To make a distinction in favor of or against a person or thing based on the group, class, or category rather than individual merit.

Employment Discrimination

Unfair treatment of employees or job applicants based on race, gender, age, religion, nationality, disability, or other protected characteristics, rather than on merit.

Profit Motive

The incentive that drives individuals or entities to engage in activities that are expected to generate financial gain.