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Fern, Who Owns and Operates Garden Farm, Agrees to Sell

question 31

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Fern, who owns and operates Garden Farm, agrees to sell Harvest Grocery a minimum quantity of fresh fruits and vegetables every week for three months. If bad weather destroys Fern's crops, the obligation to deliver produce to Harvest is

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Definitions:

Indorsements

The act of signing one's name on the back of a negotiable instrument to legally transfer it to another party.

Blanket

In a general context, a large fabric designed for warmth, but in various fields can mean a broad coverage or application of something.

Partial

Incomplete or not whole; affecting only a part of something.

Transfer for Value

In insurance law, the assignment or transfer of a policy from the original policy owner to another party in exchange for consideration.

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