Examlex
Of six letters (A, B, C, D, E, and F) , two letters are to be selected at random. How many outcomes are possible?
Good Faith
The genuine intention to act without taking an unfair advantage over another party in a transaction.
Honest In Fact
A standard requiring parties in certain transactions to act with genuine intent without deceit or fraud.
Commercial Standards
Agreed-upon practices or criteria within a business sector regarding the quality and conduct of commercial activities.
Implied Warranty
A warranty that is not explicitly stated but is assumed in a sale, ensuring the product is fit for the intended purpose.
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