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Bailee
The person to whom a bailment is made.
Waived Rights
Rights that an individual or entity has voluntarily chosen to relinquish or forsake, often through a formal statement or agreement.
Strict Performance
A legal principle requiring parties to a contract to perform their obligations precisely, without deviation from the contract terms.
Place of Delivery
The specific location agreed upon by the seller and the buyer where the goods will be delivered and ownership is transferred.
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