Examlex
The problem-solving pitfall called a(n)_____________ was demonstrated using Luchins' water jar problems.
Implied Warranty
An implied warranty is a legal assumption in sales that the goods sold meet certain quality and reliability standards, even if not expressly stated.
Express Warranty
A clearly stated promise or guarantee made by a seller that a product will meet certain standards of quality and reliability.
Merchantability
An implied warranty that goods for sale are reasonably fit for the general purpose for which they are sold.
Implied Warranty
A legal assumption that the goods sold are fit for their intended purpose, even if not explicitly promised by the seller.
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