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Osmosis is an example of passive transport.
Identifiable Goods Contract
A contract involving goods that are specifically identified at the time the contract is made, central to transactions under the Uniform Commercial Code (UCC).
Simple Delivery Contract
A type of contract involving the transfer of ownership of specific goods or property from the seller to the buyer upon delivery.
Merchant
An individual or business entity engaged in the selling and purchasing of goods or services.
FOB
An incoterm meaning "Free on Board," which indicates that the seller is responsible for goods until they are loaded on a shipping vessel, at which point the responsibility shifts to the buyer.
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