Examlex
Direct labour efficiency variance can be analyzed further into mix and yield variances if more than one class of direct labour that are good substitutes is used in operations.
Fitness for Particular Purpose
A guarantee that a product will meet the specific needs or uses the buyer informs the seller about at the time of purchase.
Express Warranty
An express warranty is a seller's promise or guarantee that a product will meet a specified level of quality and reliability.
Basis-of-the-Bargain Requirement
A legal principle emphasizing that a statement must have been a part of the reason a party was induced into a contract for it to be considered as warrantable.
Catalog
A systematic list of items, which may include books, products, or collections, usually with descriptive details.
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