What is another term for a buyer in a legal context?

Prepare for the Legal Terminology Block 2 Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Boost your legal vocabulary and ace your exam!

In a legal context, "vendee" is the term commonly used to refer to a buyer, particularly in sales transactions involving property or goods. The term signifies a party who purchases or receives ownership of a good or property from a seller, referred to as the "vendor." This distinction is important within commercial and real estate law, where the roles and rights of buyers and sellers are clearly defined.

The other terms listed do not serve as synonyms for a buyer in the same legal context. "Parties" generally refers to any individuals or entities involved in a legal agreement or contract, without specifying their roles as buyers or sellers. "Next friend" is a legal term used to describe a person who brings a suit on behalf of someone unable to represent themselves, typically a minor. "Ward" refers to an individual, often a minor or someone unable to care for themselves, who is placed under the protection of a guardian. Each of these terms serves a distinct role in the legal field, separate from the concept of a buyer.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy