Examlex
Which type of distribution lies between the two distribution extremes, combining some market coverage benefits and some control over resale?
Good Faith Purchaser
An individual who buys property without knowledge of any existing claims or defects against the property, thus legally acquiring clean title.
Warranty of Title
A legal guarantee provided by a seller to a buyer that the seller has the right to transfer ownership and no hidden liens or encumbrances exist.
Risk of Loss
The financial risk borne by a party in the event that goods are lost, damaged, or destroyed during transportation or storage.
Sale or Return
A sales agreement allowing the buyer to return unsold goods to the seller without obligation within a specified period.
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