Examlex
A defendant engaging in an ultrahazardous activity is almost always liable for any harm that results.
Conforming Goods
Goods that meet the specifications and requirements as stated in a purchase contract.
Risk of Loss
Refers to the legal responsibility for the damage or destruction of goods, typically determined by the terms of sale or agreement between parties.
Substitute Goods
Products or services that can replace each other in use, due to their similar characteristics or functionalities.
Good Faith
Acting with honesty, fairness, and sincerity in legal or financial transactions, without intent to deceive or defraud.
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