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Merchant
An individual or business engaged in the wholesale or retail trading of goods and services, traditionally involved in buying and selling with the aim of earning a profit.
Goods of the Kinds
Products or items that are characteristic of what is described in a contract, conforming to expectations based on trade and usage.
Machinery on Approval
A sales agreement condition where the buyer can return the machinery if it doesn't meet specified requirements or expectations.
Insolvent
A financial state in which an entity is unable to pay its debts as they come due.
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