Examlex
The definition for a formal communication network is
Good Faith Purchasers
Good faith purchasers are individuals who buy property without knowledge of any existing claims or disputes over the item bought, typically receiving protection under the law.
Identified Goods
Goods that are designated and agreed upon at the time a contract of sale is made.
Existing
Currently in place or in existence; something that is present or alive at the current moment.
Parties Agree
A mutual understanding or concurrence between two or more parties regarding the terms of a contract or agreement.
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