Examlex
Total quality management (TQM) seeks to continuously improve an organization's ability to meet or exceed customers' demands, and, as such, is useful in a government setting as well as a business setting.
UCC
A complete legislative framework, the Uniform Commercial Code, oversees all commercial dealings within the United States.
Negotiate
The process of discussing terms to reach a mutual agreement in transactions, contracts, or disputes.
Implied Warranty
A legal assumption that the goods sold meet certain quality standards, including that they are fit for the standard purposes for which such goods are sold.
Express Warranty
A clearly stated promise or guarantee regarding the condition or performance of a product or service.
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