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Table 13-3
-Refer to Table 13-3.For a firm operating in a competitive market,the price is
Title Transfer
The process of legally shifting ownership of a property or asset from one party to another.
Good Title
The legitimate ownership of property or assets, free from any legal claims or liens by others that might affect transferability or rights.
Sale of Goods Act
Legislation that regulates the sale of goods, ensuring standards for transactions, rights, and obligations of buyers and sellers.
Title Transferred
The act of transferring ownership rights of property from one party to another, typically executed through a legal document.
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