Examlex
The implicit contract is the most formal contract format.
Value or Worth
The importance, usefulness, or monetary valuation of something, often subject to change based on market demand or condition.
Statement About
A declaration or account made about a specific subject, detailing facts or opinions.
Implied Warranty
A legal term for the assumption that a sold product will fulfill its intended purpose.
Fitness for a Particular Purpose
A legal concept that implies a product is suitable for the specific use the buyer intends.
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Q72: The term _ involves the premise that