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Ronald Systems Inc.has developed a line of appliances that runs on solar energy and causes no harm to the environment.Which of the following business practices is illustrated in this scenario?
Breached Contract
An agreement that has been broken or violated by one or more of the parties involved.
Statute Of Limitations
A law prescribing the maximum period within which legal action can be taken for a specific offense or civil wrong.
Warranty Claim
A formal request made by a purchaser regarding a defect in a product that is covered under a warranty, seeking repair, replacement, or compensation.
UCC
Stands for the Uniform Commercial Code, which is a comprehensive set of laws governing all commercial transactions in the United States.
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