Examlex
You bought an asset for $10,000 and sold it for $20,000 after 10 years. What was the annual rate of return on this investment?
Seller's Remedies
The legal actions and compensations available to a seller when a buyer breaches a contract, including damages and the right to withhold goods.
Sales Contract
A contract for the sale of goods, as opposed to a contract for the sale of services, real property, or intangible property. Sales contracts are governed by Article 2 of the Uniform Commercial Code.
Nonconforming Goods
Products delivered to a buyer that do not meet the specifications or qualities explicitly or implicitly agreed upon in a contract.
Click-On Agreement
A digital form of contract acceptance which involves clicking a button or checking a box that indicates agreement to the terms presented.
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