Examlex
Which of the following is a true statement?
Breach of Warranty
The failure to fulfill the terms of a promise or assurance, typically regarding the quality, condition, or performance of a product or service.
Lessor
The party in a lease agreement who owns the leased asset and provides it to the lessee in return for payment.
Warranted
Justified; having a valid reason or basis, often referring to a guarantee provided on a product or service.
Title
Legal ownership and right to the use of property.
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