Examlex
Which of the following is a contractual saving institution?
Implied Warranty
A legal term for the assurance that a product is fit for the purpose for which it is sold, even if not explicitly described or mentioned.
Law
A set of rules created by the governing body of a society to maintain harmony, stability, and justice in that society.
Seller's Statement
A document provided by a seller detailing the financial transactions, including the sale price, applicable fees, and adjustments, involved in the sale of property or assets.
Anticipatory Breach
A breach that occurs when a party to a contract either expresses or clearly implies an intention not to perform the contract even before being required to act. Also called constructive breach.
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