Examlex
Nike's "Just do it" is an example of
Sale or Return
Sale or return is a purchasing agreement where the buyer can return unsold goods to the seller instead of paying for them, typically used in consignment and retail contexts.
UCC
The Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States, intended to standardize and simplify transaction laws across states.
Sale or Return
A transaction in which goods are provided to a buyer on the basis that unsold goods can be returned to the seller.
Security Interest
A legal claim or right on property as collateral to secure the repayment of a debt or obligation.
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