Agreement Arbitrate

 Agreement to Arbitrate Disputed Open Account
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State:
Multi-State
Control #:
US-0133BG
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Description agreement open purchase

An open account may also be referred to as open current account, running account and mutual, open and current account. However, properly speaking, the term open account means only an account on which the balance has not been determined. It is an account based on continuous dealing between the parties, which has not been closed, settled or stated, and which is kept open with the expectation of further transactions.

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