BULK SALE

bulk sale. A sale of a large quantity of inventory outside the ordinary course of the seller's business. • Bulk sales are regulated by Article 6 of the UCC, which is designed to prevent sellers from defrauding unsecured creditors by making these sales and then dissipating the sale proceeds. — Also termed bulk transfer. [Cases: Fraudulent Conveyances 47.]
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译者David,毕业于亚洲顶尖的高级翻译学院,擅长翻译各种与复杂商业诉讼相关的法律文件。