Examlex
Which one of the following describes an ECN?
Writing Requirement
A legal stipulation that certain contracts or agreements must be documented in writing to be enforceable.
Implied Warranty
A legal assumption in commerce that the goods or services sold meet certain quality standards, even if not explicitly stated by the seller.
Assignment
The transfer of rights, property, or obligations from one party to another.
Consideration
Something of value exchanged between parties to form a binding contract.
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