Receivable Contract With America In King
Category:
State:
Multi-State
County:
King
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Receivable Contract with America in King is a legal document that facilitates the sale of accounts receivable between a Seller and a Buyer. It outlines the rights, titles, and interests that the Seller is transferring, particularly focusing on the accounts listed in an attached exhibit. Key features include representations by the Seller about the accuracy of the accounts, the status of agreements, and conditions concerning payments. The form provides specific terms regarding recourse options and stipulates the timeframe for Buyer inspection, allowing them to cancel the contract if unsatisfied. Filling out this form requires accurate entries for account details and confirmation of the current state of the accounts. It's beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants as it aids in facilitating business transactions involving receivables, ensuring compliance with state laws, and protecting parties' interests. This document serves as a practical tool for managing the sale of accounts while providing essential legal protections.
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