Examlex
What is the term for the claims owners have against the firm's assets?
Warranty
A guarantee provided by the seller or manufacturer concerning the condition of its product, promising to repair or replace it if necessary within a certain period.
Incidental Damages
Compensation for unforeseen damages that occur as a secondary effect of a breach of contract.
Resell
The act of selling an item or asset previously bought, typically for profit.
Public Sale
An auction or sale of goods or assets that is open to the general public and conducted by a legal or governmental authority.
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