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Salman, a high-school senior, bit into a chicken bone in a chicken burger in his high-school cafeteria. He had difficulty in breathing, and with some effort, expelled a small bone from his throat. He hurt his esophagus and had to be hospitalized for a few days. Salman brought suit against the school, claiming breach of warranty of merchantability in the food served to him in the cafeteria. What test should be applied to determine whether there was a breach of warranty of merchantability because of the presence of a bone in the meal served to Salman?
Interest Rate
The percentage of a sum of money charged for its use, often expressed on an annual basis.
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Simple Interest Rate
The percentage of the principal amount that is paid as interest for a specific period.
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