Examlex
Why was the buyer able to refuse to pay for the goods in the case of Healy v Howlett & Sons [1919] 1 KB 337?
Creditors
Individuals or entities that lend money or extend credit, and to whom a debt is owed by debtors.
Assumes
Taking something for granted or accepting it as true without verification.
Debts
Amounts of money owed by one party to another, typically as a result of borrowing funds or purchasing goods and services on credit.
Corporate Dissolution
The process of legally terminating the existence of a corporation, involving the cessation of business operations, liquidation of assets, and distribution of the residual to creditors and shareholders.
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