Examlex
In the U.S., when the price of oil rises, the CPI rises by much more than does the GDP deflator.
Liability
The state of being legally responsible or obligated to settle a debt, fulfill a contractual duty, or compensate for harm or loss.
Authorizing
The act of giving legal or formal approval for something or someone to proceed or act in a certain way.
Enforce
To compel obedience to a law, rule, or obligation through the imposition of penalties or other legal mechanisms.
Warranty Liability
Legal obligation of a seller to compensate the buyer for losses caused by defects or failures in the product warranted.
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