Examlex
What are some of the guidelines included in the ISFCE code of ethics?
Express Warranty
A promise or guarantee made by a seller about the quality, function, or performance of a product, explicitly stated in the contract or sales agreement.
Fitness For Purpose
A condition ensuring that a product or service meets the specific criteria or intended use defined by the buyer or contract.
Market Share Theory
A concept in business and economics referring to the percentage of an industry or market's total sales that is earned by a particular company over a specified time period.
Liability
Liability refers to the state of being legally responsible for something, particularly in terms of debts or legal obligations.
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