Examlex
When a seller expects the price of its product to decrease in the future, the seller's supply curve shifts left now.
Merchant
A person or company involved in the trade of goods, services, or commodities for profit.
Sale
The passing of title from a seller to a buyer for a price.
Implied Warranty of Fitness
An assurance, typically not expressly stated, that a product will be suitable for its intended purpose.
Particular Purpose
A specific objective or requirement for which goods or services are intended or needed, as expressed in a contract.
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