Examlex
Which of the following is correct with respect to the law of collective bargaining?
Material Terms
In a contract, the terms that allow a court to determine what the damages are in the event that one of the parties breaches the contract; include the subject matter, quantity, price, quality, and parties.
Express Warranties
Explicit guarantees made by a seller that affirm or promise specific attributes or conditions of a product.
Statute of Limitations
A law that sets the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.
Warranty Rights
The entitlements a buyer has under a warranty, including repair, replacement, or refund for products that fail to meet the specified standards.
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