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Shoot a cannonball horizontally from a cannon at the top of a mountain and it gains speed as it falls and hits the ground below. But fire the cannonball fast enough for circular orbit and no change in speed occurs. Why?
Breach of Warranty
The failure to fulfill the terms of a promise or guarantee made about the quality or condition of a product or service.
Finance Company
A type of financial institution that provides loans to consumers and businesses, often for specific purchases such as vehicles, equipment, or home improvements.
Holds a Lien
Refers to the legal right or interest that a lender has on a property, until a debt owed by the property owner is paid off.
Implied Warranties
Legally inferred guarantees that ensure products meet minimum quality standards, providing protection beyond explicit statements.
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