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Friday, 19 July 2013

Buyer-Lessee Obligations

Buyer-Lessee Obligations
Furnish facilities reasonably suited for receipt of the goods.
Make payment at the time and place the Buyer receives the goods.
§ Credit has to be prearranged.
•    Credit period begins on the date of shipment.
§ Pay with cash, credit card, and check.
•     But if Seller asks for cash, Seller has to give Buyer time to get cash.

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