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What is the difference between a storage warehouse and a distribution centre?
Irrevocable Offer
A rule that no consideration is necessary when a merchant agrees in writing to hold an offer open for the sale of goods. Also called firm offer.
Reaffirmation
A legal agreement to continue paying a dischargeable debt after bankruptcy, often to retain collateral or maintain a relationship with the creditor.
Merchant
An individual or business that is involved in the wholesale or retail sale of goods.
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