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What is a buyer seller?

Buyer And Seller. As per the sec 2(1) of the Act, a buyer is someone who buys or has agreed to buy goods. Since a sale constitutes a contract between two parties, a buyer is one of the parties to the contract. The Act defines seller in sec 2(13). A seller is someone who sells or has agreed to sell goods.

What is it called when a buyer and seller agree on a price?

A purchase and sale agreement, or PSA, is a document that is written up and signed after a buyer and seller mutually agree on the price and terms of a real estate transaction.

What is a legally binding agreement between a buyer and a vendor?

A purchase order (PO) is a document sent from a purchaser to a vendor when ordering goods or services. It serves as a legal agreement between the two parties that states what will be delivered and what will be paid for.

What is the MOU between buyer and seller?

A memorandum of understanding or MOU is a legal agreement between two or more parties. It acts as more of a flexible document before the actual transaction.

What sales buyer means?

Sale of Buyer means (a) the acquisition by any Person or group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act), including any group acting for the purpose of acquiring, holding or disposing of securities (within the meaning of Rule 13d-5(b)(1) under the Exchange Act or any successor

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