Examlex
Which of the following is an element?
Written Warranty
A legally binding promise made by a seller to a buyer that a product will meet certain quality and reliability standards.
Implied Warranties
Unwritten guarantees that ensure products or services meet certain standards of quality and reliability, even though not explicitly stated.
Disclaim
A legal term used when one renounces their right or claim to something, often to avoid liability.
Truth-in-Lending Act
A legislation at the federal level aimed at encouraging the knowledgeable use of consumer credit through mandated disclosures regarding its conditions and expenses.
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