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If the slope of a straight line is 4 and if Y (the variable on the vertical axis) decreases by 20, then X (the variable on the horizontal axis)
Webster v. Blue Ship Tea Room, Inc.
A legal case from Massachusetts in 1964 that centered around what constituted a "fish chowder," illustrating how courts interpret contractual obligations and representations in business.
Implied Warranty of Merchantability
An implicit guarantee that a product will meet a minimum level of quality and functionality as expected for goods of its kind.
Implied Warranty of Fitness
An assurance, not explicitly stated, that a product will meet a buyer's needs for a particular purpose.
Express Warranty
An explicit promise made by a seller regarding the quality, condition, or performance of the goods being sold.
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