Examlex
Employing a lawyer to draft and enforce a private contract between parties wishing to solve an externality problem is an example of
Accidental Sale
A transaction where goods or property are sold without the seller's intentional consent, often due to a mistake or misunderstanding.
Good-Faith Purchaser
An individual who buys property without knowledge of any existing claims or defects against it, thereby gaining legal protection.
Goods-In-Bailment Contract
An agreement involving the temporary transfer of personal property to another party for a specific purpose.
Nonnegotiable
Something that cannot be bought, sold, or transferred to another party, or a term or condition that is not open to discussion or modification.
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