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Term of the Day
Romalpa clause
Roll's critique
Romanian Leu
Definition
noun
a
clause
in a
contract
whereby the
seller
provides that
title
to the
goods
does not
pass
to the
buyer
until the buyer has
paid
for them
COMMENT
Called after the case of
Aluminium Industrie Vaassen BV v Romalpa
Ltd
.
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