Alabama Code 7-2-501. Insurable interest in goods; manner of identification of goods
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Terms Used In Alabama Code 7-2-501
- Buyer: means a person who buys or contracts to buy goods. See Alabama Code 7-2-103
- Contract: A legal written agreement that becomes binding when signed.
- property: includes both real and personal property. See Alabama Code 1-1-1
- Seller: means a person who sells or contracts to sell goods. See Alabama Code 7-2-103
- Statute: A law passed by a legislature.