Examlex
Which of the following terms means a condition of oxygen deficiency?
Risk Of Loss
A provision in contracts determining who bears the risk for damage to goods after purchase but before delivery.
Indemnification
A financial agreement in which one party agrees to cover the losses or damages incurred by another.
Entrustment
The transfer of goods to a merchant who ordinarily deals in that type of goods. If the merchant subsequently sells them to a good-faith third-party purchaser, the buyer acquires good title to the goods.
Merchant Authority
The legal ability of a retailer or agent to act on behalf of a business in a way that binds the business.
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