Examlex
Which of the following is the best example of a durable good?
Merchant
An individual or company engaged in the business of buying and selling goods or services with the intent of making a profit.
Insanity
A mental disorder so severe that it prevents someone from having legal capacity or from being held responsible for their actions, often used as a defense in criminal trials.
Legal Effect
The consequences that a law or legal action imposes on the rights, status, or obligations of the parties involved.
Offer
A proposal presented by one party to another with the intention of creating a legally binding agreement upon acceptance.
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