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Repudiated
The act of rejecting or disowning a contractual obligation or agreement, often leading to termination of the contract.
Merchant
A business or individual engaged in the trade of goods, services, or commodities for profit.
Credit
The provision of resources (like money) by one party to another, where the second party agrees to repay the first party at a later date, usually with interest.
Liable
Legally responsible or obligated, often in the context of paying compensation for harm or damage.
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