When a Buyer Defaults, the Seller Has an Unpaid ________

question 30

Short Answer

When a buyer defaults, the seller has an unpaid ________ against the goods.

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Definitions:

Note Receivable

A promissory note held by the creditor, evidencing a debtor's obligation to pay back a loan or other credit extended.

Sells

The act of giving up ownership of an asset in exchange for money or equivalent.

Car

A car is a wheeled motor vehicle used for transportation, typically designed to run primarily on roads and to seat a small number of people.

Legal Services

Legal services encompass a broad range of activities involving advice, representation, or both in legal matters by a qualified professional.