Examlex
Union contracts are:
Contract of Sale
A legal agreement between a seller and buyer where the seller agrees to deliver a product or property in exchange for a certain price from the buyer.
Sale
A transaction between two parties where goods, services, or assets are exchanged for money or other considerations.
Title
The legal right to own, use, or dispose of property, goods, or intellectual property.
Risk of Loss
The potential for an asset to be damaged, destroyed, or lost, and the consideration of who bears this responsibility until the asset is delivered.
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