Examlex
Conflicts of interest is a type of ________ problem that occurs when a person or institution has multiple objectives that are in conflict with each other.
Section 402A
Refers to a specific provision within the Restatement (Second) of Torts that deals with the liability of manufacturers and sellers for harm caused by defective products.
Fitness for a Particular Purpose
A warranty that a product will meet the specific needs or criteria outlined by the buyer at the time of purchase.
Merchantability
Refers to the guarantee that a product sold meets reasonable expectations of quality and usability for its intended purpose.
Implied Warranties
Legal guarantees that ensure a product meets certain minimum standards of quality and functionality, even if not expressly stated.
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