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Agreements 101

What is an Acceleration Clause?

An acceleration clause is written into loan contracts and specifies when a loaner can demand the borrower repay the money they borrowed in full.

What is an Acceleration Clause?

What is a Purchase Agreement?

A purchase agreement is a contract generally used in transactions where the buyer is purchasing goods instead of services. This type of contract is most common in complex and expensive transactions, such as purchasing real estate or large, specialized equipment.

Author Ted Sclavos
Ted Sclavos
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