Examlex
An increase in the market clearing exchange value of the home nation's currency in terms of the currency of another nation is a home currency
Magnuson-Moss Act
A federal statute enacted to protect consumers from deceptive warranty practices, providing guidelines for product warranties.
Full Warranty
A comprehensive guarantee that covers the repair or replacement of defective products or parts with minimal conditions for a specified period.
Limited Warranty
A warranty with specific conditions and limitations on what is covered, the duration of coverage, and what will be done to correct issues.
Implied Warranty
A legal assurance inherent in a transaction that the goods or services sold meet certain quality standards, even if not explicitly stated.
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