Examlex
What does Fries (2006) conclude based on a "squaring" or "rectangularization" of the survival curve?
Magnuson-Moss Act
The Magnuson-Moss Act is a federal law aimed at protecting consumers from deceptive warranty practices, requiring warranties to be clear and comprehensive.
Defective Part
A component or piece of a larger item that has a flaw or imperfection, rendering it unfit for its intended use.
Implied Warranty
A legal guarantee that the goods being sold will be functional and meet certain standards of quality and reliability, even if not explicitly stated.
Warranty Of Fitness
This refers to a seller's promise that the goods sold will be suitable for the purpose for which they are bought.
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