Examlex
Accrued depreciation can be defined in appraisal terms as the total loss in value from all causes.
Firm Offer
An offer made in writing by a merchant guaranteeing to hold the offer open for a specified period of time without revocation.
UCC
The Uniform Commercial Code, a set of comprehensive statutes designed to unify and standardize sales and commercial transactions in all 50 states.
Counteroffer
A new offer made in response to an offer received, implying rejection of the original offer.
Finance Charge
the total cost, expressed as a monetary amount, of borrowing credit, including interest, fees, and any other charges associated with the transaction.
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