Nadine has taught nursing for 12 years and has a PhD in Nursing research. In this lesson, you'll learn the definition and characteristics of a scientific theory and understand how theories are formulated. You'll see examples of scientific theories, and after the lesson you can test your knowledge with a brief quiz.
A vendorâs lien is a claim held by a seller on either personal property or real estate, allowing the seller to repossess the property under certain circumstances. It most commonly kicks in when a buyer has fallen behind on payments relating to the property.
A vendor is a person or a business entity that sells something. Large retail stores generally have a list of vendors from which they purchase goods (at wholesale) to sell (at retail) to their customers. Vendors can also sell directly to the customer, as seen with street vendors. In addition, a vendor can provide parts for another business that will be used to make an end product.