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Victor, a major supplier of computers is selling computers to Liken, a buyer for a large chain store. Under the UCC, Victor is required to tender ________ goods to Liken.
Consumer Expectations Test
A legal standard used to determine product liability based on whether a product meets the ordinary expectations of a consumer.
Feasible Alternatives Test
The feasible alternatives test is a legal or regulatory principle that requires the consideration of practical and possible options before proceeding with actions that may have significant effects or risks.
Product Liability Law
The legal rules concerning who is responsible for defective or dangerous products sold to consumers.
Mortgages As Product
Financial products that allow individuals to borrow money from a lender to purchase property, using the property as collateral.
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