Examlex
A ________ strategy is often used for situations in which both local responsiveness and cost reduction are needed.
Implied Warranty
A legal concept that guarantees a product or service will meet certain expectations of quality and functionality even if not explicitly stated.
Warranty of Merchantability
An implied guarantee that a product will meet the reasonable expectations of the buyer, including being fit for the purpose for which it was sold.
Business of Selling
The activity or profession of promoting and exchanging goods or services for money.
Title Warranties
Legal guarantees provided by a seller to a buyer that they possess a clear and unencumbered title to the property or goods being sold.
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