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.doc (an abbreviation of "document") is a filename extension used for word processing documents stored on Microsoft's proprietary Microsoft Word Binary File Format; it was the primary format for Microsoft Word until the 2007 version replaced it with Office Open XML.docx files. [4] Microsoft has used the extension since 1983.
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An example of a purchase order request from a travel agent. A purchase order, often abbreviated to PO, is a commercial document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services required. [1] It is used to control the purchasing of products and services from external suppliers. [2]
In general, the owner must make the same offer to the option holder before making the offer to the buyer. The right of first refusal is similar in concept to a call option . A ROFR can cover almost any sort of asset , including real estate , personal property , a patent license, a screenplay , or an interest in a business.
In contract law, a contract of sale, sales contract, sales order, or contract for sale [1] is a legal contract for the purchase of assets (goods or property) by a buyer (or purchaser) from a seller (or vendor) for an agreed upon value in money (or money equivalent).
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Consignment is a process whereby a person gives permission to another party to take care of their property while retaining full ownership of the property until the item is sold to the final buyer. [1] It is generally done during auctions, shipping, goods transfer, or putting something up for sale in a consignment store. [2]