Examlex
When respondents are asked to indicate the magnitude of a characteristic that a brand of toothpaste has,this is an example of a(n)____________________.
Implied Warranty
A legal term for the unspoken and unwritten guarantees that the law assumes goods or services must meet.
Trade Custom
Established practices and patterns of behavior that are widely accepted within a particular industry.
Contract
A contract between two or more entities that is recognized by law and entails shared responsibilities.
Merchantable
A term that describes goods of a quality that are fit for sale or suitable for a particular purpose.
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