The Receivable for sales in Wayne is a contract designed for the sale of accounts receivable between a seller and a buyer. This form outlines the seller's agreement to sell all rights, titles, and interests in specified accounts, detailed in an attached exhibit. Key features include the seller's representation about the accuracy of account balances, the status of payments, and any existing liens. It also specifies the recourse options and the buyer's right to inspect accounts before finalizing the sale. For attorneys, this form can help ensure compliance with local laws and provide clear documentation for sales transactions. Partners and owners can utilize it to manage and offload receivables, thereby optimizing cash flow. Associates and paralegals may find it useful for preparing documentation and facilitating the review process. Legal assistants can use the form for filing purposes and to ensure that contractual obligations are met effectively.