Examlex
William Jennings Bryan:
Breach
The violation of a law, duty, or other form of agreement.
Insolvent
The condition in which an individual or organization is unable to meet financial obligations due to lack of funds.
UCC 2-702(2)
A provision within the Uniform Commercial Code that allows sellers of goods to withhold delivery if they discover the buyer to be insolvent, under certain conditions.
Reclaim Goods
The process of recovering goods that have been sold or disposed of, often seen in bankruptcy or default situations.
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