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.
Retailers whose business activity includes the resale of products they get from product manufacturers (vendors) sometimes receive allowances or incentives from them. These vendor allowances can be various types of credits, rebates, or cash that the vendor pays the retailer who sells their product or service. The retailers may have arrangements with more than one vendor and more than one arrangement with the same vendor.