Examlex
A letter of intent is a nonbinding document stating that a business buyer and a seller have reached a sufficient "meeting of the minds" to justify the time and the expense of negotiating a final agreement.
Consumer Product Safety Act
A regulatory law that aims to protect consumers from products that pose a fire, electrical, chemical, or mechanical hazard or can injure consumers.
Readmission Rates
The frequency at which patients are readmitted to a hospital within a certain period after discharge, often used as a quality indicator.
Patient Satisfaction
The measure of how products or services supplied by a healthcare provider meet or surpass a patient's expectations.
High-Quality Products
High-quality products are those that meet or exceed consumer expectations in terms of durability, reliability, performance, and aesthetics.
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