A(n) ____________________ Is a Collection of Statements, and When It

question 9

Short Answer

A(n) ____________________ is a collection of statements, and when it is activated, or executed, it accomplishes something.

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Definitions:

Implied Warranty

A legal assumption that the goods sold are fit for their intended purpose, even if not explicitly promised by the seller.

Express Warranty

A written or verbal promise made by a seller to a buyer, guaranteeing the quality or functionality of a product or service.

Merchantability

A guarantee that a product will meet reasonable expectations of quality and usability for which it was sold.

Nonconforming Goods

Goods shipped that do not meet the specifications or requirements set out in the contract of sale.