Specialty Retailing Is a Form of Selling by Description in That

question 143

True/False

Specialty retailing is a form of selling by description in that buyers usually do not see the actual product until it arrives.

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Definitions:

Discharged

Released or freed from a legal, financial, or other obligation.

Concurrent Conditions

Circumstances where two or more conditions must occur at the same time for a contract or agreement to be fully enforceable.

Conditions Precedent

Requirements that must be met before a contract becomes effective or before certain actions can be taken.

Conditions Subsequent

Conditions that must be met after a contract has been executed in order for the contract to remain effective.