Examlex
Please define the following key terms.
-Simony
Formal Demand
A formal request, usually in writing, requiring a person or entity to fulfill a legal obligation or payment.
Payment
The act of transferring money or its equivalent in exchange for goods or services.
Commission
A fee or percentage awarded to salespeople, agents, or brokers for their services in facilitating a sale or transaction.
Sale Price
The actual price at which an item is sold to a buyer.
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