Examlex
________ are the direct costs of trading, such as broker commissions, fees, and taxes.
Cancel
The act of terminating or voiding a contract, agreement, or obligation, rendering it ineffective or null.
Delivery
The act of transferring something from one party to another, often referring to goods, but can also apply to the delivery of services or legal documents.
Liquidated Damages
Pre-determined damages agreed upon by parties in a contract, to be paid if one party breaches the contract.
Article 2A
A specific portion of the Uniform Commercial Code that governs leases of personal property.
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