Examlex
A process in which information flows from sender to receiver, with no feedback loop is referred to as
Conditional Sales Contract
A type of contract in which the sale itself is contingent on approval; can be either a sale-on-approval contract or a sale-or-return contract.
Lease Contracts
Agreements in which one party (the lessor) grants another party (the lessee) the right to use property, equipment, or facilities for a specified time in exchange for payment.
Sale-Or-Return Contract
A contract in which the buyer and seller agree that the buyer may return the goods at a later time.
Voidable Title
Title that occurs in situations in which the contract between the original parties would be void, but the goods have already been sold to a third party.
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