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MATCHING: -A Form of Estate Administration Used in a Few States

question 6

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MATCHING:
-A form of estate administration used in a few states that is essentially free of court supervision or intervention


Definitions:

Revocation of Acceptance

The withdrawal of a previously given acceptance of an offer, contract, or agreement, typically due to the discovery of defects or a breach of warranty.

Magnuson-Moss Act

A federal law enacted in 1975 that governs warranties on consumer products to protect consumers from deceptive warranty practices.

Express Warranty

An explicitly stated guarantee provided by a seller to a buyer, promising the quality or performance of a product.

Sample

An example or specimen that represents the whole, used for testing or analysis.

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