Examlex
What are the components of total return and total risk?
Inherent Defect
A flaw or imperfection in a product that exists due to its nature or design, not because of external factors.
Seller's Lien
A legal right or interest that a seller holds in the sold goods until the full purchase price is paid by the buyer, often used as a form of security.
Sale of Goods Act
A law regulating the sale of goods, providing rights, duties, and obligations of both buyers and sellers, ensuring fairness in transactions.
Purchaser
An individual or entity that acquires goods or services in exchange for money.
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