Examlex
There are three variations of the multidivisional structure.
Identified Goods
Goods that are designated for a specific sale or contract, distinguishing them from other inventory.
Bailee
One to whom goods are entrusted by a bailor.
Risk Of Loss
The potential for an asset to decrease in value, or for an investment to not yield the expected return.
Acknowledges
Recognizes the presence, validity, or truth of something, often formally.
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