Privity of Contract Does Not Apply to Consumer Transactions

question 18

True/False

Privity of contract does not apply to consumer transactions.

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Definitions:

Simple Equality

The concept that two quantities are the same in value or amount, often represented mathematically as an equation.

Preconventional Morality

The first level of Kohlberg's theory of moral development, where moral reasoning is based primarily on consequences and personal benefits.

Postconventional Morality

A stage of moral development in which individuals reason based on personal principles and values that may differ from societal norms.

Ethical Principles

Fundamental guidelines that influence decision-making and behavior, emphasizing concepts such as fairness, respect, responsibility, and integrity.