Examlex
Which of the following will most likely be characteristic of companies when the bargaining power of suppliers and buyers is high?
Inspect
To examine something carefully in order to assess its condition or to discover its existence.
Defective
Having a fault or flaw that reduces the item's intended function or value, often leading to unsatisfactory performance.
Express Warranties
Explicit guarantees provided by a seller to a buyer regarding the quality, performance, or specifications of a product or service.
Implied Warranties
Legal assurances that are not explicitly stated but are assumed in the sale of goods, suggesting they will function as expected.
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