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Ordinary Course of Business
The regular, usual, and customary activities and operations that a company engages in to conduct its business.
Consignment
The process of handing over goods to another party to sell on behalf of the owner, yet ownership remains with the original party until the goods are sold.
Personal Property
Movable items owned by an individual or corporation, as opposed to real property like land or buildings.
Nonconforming Goods
Products delivered under a sale contract that do not meet the specifications or quality standards stipulated.
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