Identify the Following Terms

question 92

Short Answer

Identify the following terms.
-Songhai

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Definitions:

Contingent Liabilities

Potential obligations that may occur depending on the outcome of a future event.

Environmental Protection Agency

A federal agency charged with protecting human health and the environment by writing and enforcing regulations based on laws passed by Congress.

Product Warranty

A promise or assurance given by a manufacturer or seller to a buyer that a product is free from defects and will perform as specified for a certain period of time.

Warranty Repairs

Repairs or replacements offered for free by the manufacturer or seller to correct defects covered under a warranty.