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Assigning overhead using ABC will usually
Implied Term
A condition or element not expressly mentioned in a contract but assumed to be included by virtue of the nature of the agreement or the circumstances under which it was made.
Second-Hand Dealer
A business or individual that buys and sells used goods.
Security Interest
A legal claim or lien on collateral that has been pledged, usually to secure repayment of a debt.
Clear Title
Ownership that is free of liens, disputes, or legal questions, fully enabling the transfer to another party.
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