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Good Faith Purchaser
An individual who buys property without knowledge of any existing claims or disputes over it, thereby gaining protected ownership status.
Bulk Transfer
A term from commercial law referring to the transfer of all or a substantial part of a business's inventory or equipment in one transaction.
Bulk Sales Law
Laws designed to protect creditors by requiring business owners to provide notice before transferring or selling a large part of their inventory or assets outside of the regular course of business.
Article 6
A reference that may pertain to a specific clause within a legal document or constitution, requiring context for an accurate definition.
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