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Tom thinks he has just failed an exam. However, he reasons that the class results will be scaled up as the lecturer asked very difficult questions. What kind of attribution has Tom just made?
Warranty
A guarantee given to the purchaser of a product or service, promising repair or replacement if the product or service fails to meet specified criteria.
Express Warranty
A written guarantee provided by a seller to a buyer regarding the condition of the product and pledging to repair or replace it if necessary.
Contract
A legally binding agreement between two or more parties that outlines obligations each party must fulfill.
Warranty Of Assignability
A warranty of assignability assures that a contractual right or interest can be transferred or assigned to another party.
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