Simple English definitions for legal terms
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Term: BARGAINOR
Definition: A bargainor is someone who sells something in exchange for something else. For example, if you trade your toy for a candy bar, you are the bargainor because you are selling your toy in exchange for the candy bar.
Definition: A bargainor is the person who sells something in a negotiated exchange.
For example, if you go to a flea market and negotiate with a vendor to buy a vintage record player for $50, the vendor is the bargainor. They are selling the record player in exchange for your $50.
Another example could be a real estate transaction. If you negotiate with a homeowner to buy their house for a certain price, the homeowner is the bargainor. They are selling their house in exchange for your money.
The examples illustrate the definition of a bargainor by showing that they are the person who is selling something in a negotiated exchange. They are willing to part with their item or property in exchange for something else, usually money.