Examlex
A buyer has the right to accept some commercial units of a shipment and reject other commercial units.
Warranty Liability
The legal obligation of a seller to provide compensation for faults in goods or property that were sold under warranty.
Primarily Liable
The direct obligation of an entity or individual to pay a debt or fulfill a contractual commitment without depending on another's performance of duty.
Secondarily Liable
A condition wherein an individual or entity is obligated to fulfill a duty or payment if the primarily liable party fails to do so.
Primary Liability
The main or first layer of responsibility for fulfilling a financial or legal obligation.
Q5: The failure to act or perform in
Q8: In a(n) _, the bailor has a
Q22: An issuer in a letter of credit
Q28: Unless otherwise agreed, the proper place for
Q29: Peter contracted to purchase five (5) cases
Q29: A party who has demanded adequate assurances
Q35: A bailee's interest in the bailed property
Q40: Commercial paper facilitates the transfer of funds
Q41: The parties may decide that their contract
Q41: If the buyer has paid for the