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Sale of Goods Act
A law that regulates the sale of goods, specifying the rights and duties of the buyer and the seller.
Negotiable Instrument
A document in writing that promises to pay a certain sum of money, either upon request or at a predetermined date, with the person responsible for payment identified on the document.
Unconditional Promise
A commitment or guarantee that is not subject to any conditions or stipulations.
Agreement to Sell
An agreement to sell indicates a mutual understanding or contract between parties to transfer property or goods from seller to buyer in the future.
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