Examlex
What are the two types of fraud and what is the effect of each on the contract involved? Give an example of each type of fraud.
Cash Discount
A deduction from the invoice price that a seller allows a buyer to encourage prompt payment.
Partial Payment
A payment that is made towards a bill or a debt that is not the full amount owed at that time.
Woolen Fabrics
Textile materials made from wool, characterized by their warmth, durability, and softness.
Cash Discount
A reduction in the price of an item for sale, offered in exchange for immediate payment or payment within a short period.
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