Examlex
Jose purchases a new game for his computer.He loads the program onto the computer's hard drive.Jose has purchased a(n) ________.
Secondary Signature Liability
The legal responsibility of a party who signs a document on behalf of another party, potentially being held liable under certain conditions.
Warranty Liability
An obligation that arises from a warranty, where the issuer must repair or replace defective products or parts according to the terms of the warranty.
Notice Of Dishonor
A formal notification that a negotiable instrument, like a check or promissory note, has been presented for payment and refused.
Warranty Liability
The legal obligation of a seller to provide compensation for defects or failures in goods or services that are covered under a warranty.
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