Examlex
____ refer(s) to the ability to convert assets to cash quickly and at a fair market price and often increase(s) as one approaches the later stages of the investment life cycle.
Merchant
A person or company involved in the wholesale or retail trade of goods or services.
Rejection
The refusal to accept an offer or proposal.
Good Faith
The sincere aim to behave without exploiting another party unfairly in a deal.
Commercial Standards
Commercial Standards are established norms or criteria within a business sector that guide the quality, performance, and conduct of activities in that field.
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