MLchartDataset catalogue

Buyer

Term · Law · MLC-T-LAW-000817

An individual or entity that acquires goods, services, or property in exchange for payment. In contract law, the buyer is a party to a sales agreement, obligated to accept and pay for the items purchased. The Uniform Commercial Code (UCC) governs many aspects of buyer-seller relationships in commercial transactions.

Table 1. Record
IdentifierMLC-T-LAW-000817
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000817",
  "term": "Buyer",
  "field": "Law",
  "definition": "An individual or entity that acquires goods, services, or property in exchange for payment. In contract law, the buyer is a party to a sales agreement, obligated to accept and pay for the items purchased. The Uniform Commercial Code (UCC) governs many aspects of buyer-seller relationships in commercial transactions.",
  "url": "https://mlchart.com/terminology/law/buyer/"
}

Record 623 of 5,445 in Law terminology (MLC-0107). Request the full dataset.