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May 18, 2011

Terms of Trade

Terms of trade are the seller’s conditions for the sale of goods or the provision of services to the buyer of the goods and the receipt of those goods and services. The most common familiarity with these is payment on delivery,for example,payment for goods at the supermarket or convenience store or payment for services provided by a dentist or a plumber. Other Terms of Trade There are other terms or conditions which apply in more complex transactions, some of which are…
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