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Malthusian stagnation occurs
Implied Warranty
A legal term indicating that a product is guaranteed to function as it is supposed to, even if not explicitly stated.
Warranty Of Fitness
A guarantee that a product will meet a buyer's specified needs and expectations.
Express Warranty
A written guarantee, issued to the purchaser of an item, promising to repair or replace it if necessary within a specified period.
Trade Usage
Customary practices and norms adopted by a particular industry or commerce sector that can influence the interpretation and enforcement of contracts.
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