Examlex
The balance in Accounts Receivable,the control account,must always equal the total of all accounts in the accounts receivable subsidiary ledger.
Enforcement
The act of compelling compliance with a law, rule, agreement, or order through the application of penalties for violations.
Conforming Goods
Products that meet the specifications and requirements set forth in a contract of sale.
Obligated
Being legally or morally bound to do something.
Perfect Tender Rule
A legal principle requiring sellers to deliver goods that exactly meet the terms and specifications of the contract.
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