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Cartels provide uniform management, but none of the advantages of economies of scale.
Express Warranty
A clearly stated or written guarantee made by a seller about the quality or performance of a product, which becomes part of the contract.
Samples
Samples are small portions or examples of a product provided to consumers for the purpose of testing quality, functionality, or performance before making a purchase.
Implied Warranty
A legal assurance that a product will meet a minimum level of quality and functionality without being explicitly stated in a contract.
Particular Purpose
Refers specifically to the intended use or requirement for which something is sought or required, often in a legal or contractual context.
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