Examlex
Compensatory equalization occurs when ____.
Implied Warranty
A legal assumption in a sale that the goods or services are fit for the intended purpose, even if not explicitly stated.
Merchantability
A warranty that a product will meet reasonable expectations of quality and perform as generally expected by consumers.
Basis-of-the-Bargain
A legal concept that refers to the conditions and terms that are regarded as crucial in a contractual agreement between parties.
Tort Cases
Legal disputes where one party alleges harm caused by another's wrongful act, seeking compensation for suffered damages.
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