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Voidable Title
A legal title to property that may be annulled or invalidated due to certain circumstances, such as fraud or misrepresentation.
Sale of Goods
A transaction between a buyer and a seller in which ownership of physical products is transferred in exchange for money.
Transaction
A swap or transaction involving goods, services, or money among two or more entities.
Risk of Loss
Refers to the legal and financial responsibility for damages or loss of goods while in transit or until the title has passed to the buyer.
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