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If the seller withdraws the item from consignment the seller is responsible for the shipping and handling cost of returning the item to the seller. Placing items for sale on consignment has several advantages: it relieves you of the hassles of dealing with buyers and it allows buyers to .
A seller''s or lessor''s express or implied assurance to a buyer or lessee that the goods sold or leased meet certain quality standards is called_____. a warranty Also known as "Let the buyer beware," which of the following was the traditional guideline of sales transactions until Articles 2 and 2A of the Uniform Commercial Code were established?
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EQUIPMENT PURCHASE AGREEMENT. ... INDEMNIFICATION OF SELLER: Buyer shall indemnify, protect and hold harmless the Seller, its agents, servants, successors and assigns from and against all losses, damages, injuries, claims, demands and expenses, including legal expenses, of whatever nature, arising out of the use, condition or operation of any ...
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Buyer must pay Seller down payment of 50% of the purchase price within 15 calendar days of this Agreement. Buyer''s full payment of 100% of the purchase price is a condition precedent to this Agreement. If Buyer does not pay 50% down payment within 15 calendar days, Seller may cancel Buyer''s order, Seller has no further obligation to Buyer.
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