Examlex
If a contract contains a delivery term of __________, the seller's responsibility is to get the goods to the buyer.
Primarily Liable
The state of being the first or main party responsible for fulfilling a liability or obligation.
Dishonor
In financial contexts, it refers to the refusal or inability to pay a bill of exchange, promissory note, or other negotiable instrument when due.
Warranty Liability
Liability that is attributed when the transfer of an instrument breaches a warranty associated with an instrument.
Transfer
The act of moving or conveying property or rights from one party to another.
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