Examlex
The obligation of all parties to perform in good faith is the same because everyone is required to be honest.
Credit Card
A payment card issued by a financial company giving the holder an option to borrow funds, typically at point of sale.
Factor
A finance company or bank that buys receivables from businesses and then collects the payments directly from the customers.
Receivables
Receivables are amounts of money owed to a company by its customers or other parties for goods or services provided on credit.
Service Charge
A Service Charge is a fee collected to pay for services related to a primary product or service, such as handling fees, maintenance, or repair services.
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