Assume You Have Decided to Purchase a Mobile Telephone

question 83

Essay

Assume you have decided to purchase a mobile telephone.List and briefly describe three factors that may affect the extent of your information search.

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Definitions:

Unilateral

Describes actions or agreements made by one party without the necessity for acceptance or agreement from another.

Bilateral

Pertains to a contract or agreement involving two parties who each have obligations towards each other.

Ohio Uniform Commercial Code

A collection of laws that govern commercial transactions in the state of Ohio, part of a larger uniform effort to harmonize the law of sales and other commercial transactions across the United States.

Federal Common Law

A body of law developed by the federal courts that applies nationwide, based on judicial decisions rather than statutes.