Examlex
Which of the following is the stakeholder group whose interests are to be directly and formally protected by effective corporate governance?
Implied Warranty of Fitness
A legal assumption that a sold good or service is suitable for a particular purpose, as might reasonably be inferred by the buyer from the nature of the product or service.
Magnuson-Moss Warranty Act
A U.S. federal law established to protect consumers from deceptive warranty practices, ensuring warranties on consumer products are clear and fair.
Express Warranty
A statement by a seller about a product's condition or quality that forms part of the contractual obligation.
International Customs
Established practices and rules that govern the exchange of goods and services across national borders.
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