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Uniform Commercial Code
An extensive collection of statutes that regulate business dealings in the United States, designed to unify legal requirements throughout the states.
Bulk Sales
Transactions where a business sells a significant portion of its inventory to a single buyer as part of liquidating the business or changing its product line.
Physical Duress
Coercion involving the threat of physical harm to compel someone to do something against their will or judgment.
Voidable Title
A legal status in transactions where the title or ownership of an asset can be declared invalid by one party if certain legal deficiencies are discovered.
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