Examlex
Find the exact value of the expression.
-sec 150°
Warranty Of Merchantability
The warranty of merchantability is a legal guarantee provided by sellers that goods for sale will meet reasonable quality and usability standards as understood in the marketplace.
Strict Liability
A legal standard that holds a party responsible for their actions or products, regardless of fault or intent.
Implied Warranty
A legal term for the assurance that a product is suitable for its intended purpose even if it's not explicitly stated.
Merchant Status
A classification under the Uniform Commercial Code for individuals or entities acting in a commercial capacity, demonstrating knowledge or expertise specific to the goods involved in the transaction.
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