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Tinsel X-Mas Trees Received 200 Trees from Misty Tree Farms

question 26

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Tinsel X-Mas Trees received 200 trees from Misty Tree Farms Ltd.for sale during the holiday season.Tinsel paid a deposit of $500 and Misty granted payment terms of 30 days from date of delivery.Should Tinsel sell all of the trees but neglect to remit payment within the 30 days,Misty will be entitled to claim an action for the price.


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