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Legal - chapter 14

AB
notice of exclusion of warrantydisclaimer
return of improperly obtained money or propertyrestitution
individual who buys primarily for personal, family, or household useconsumer
greatly exaggerated sales talkpuffing
let the buyer bewarecaveat emptor
let the seller bewareeaveat venditor
obligation implicitly imposed on all sellersimplied warranty
dishonest, fraudlent or anit competitive business methodunfair trade practice
lawsuit made possible by the procedural joing of similary situated plaintiffsclass action
explicit asurance of quality or performance by sellerexpress warranty
affixing responsibility to compensate buyers, user and others for injuries caused by a defective productproduct liability
claims of third partiesencumbrance
relationship that exists between or among the contracting parties as a result of their legally binding agreementprivity of contract
governmental order requiring that certain improper conduct be stoppedcease and desist order
luring buyers to the store with an understocked, low priced good and then redirecting them to a more expensive productbait and switch
express warranty that obligates the seller to repair or replace a devective product without cost to the buyer within a reasonable timefull warranty
warranty providing a level of protectin less than a full warrantylimited warranty
statement about the product's qualities or performance that the seller assures the buyer is truewarranty
warranty requiring that the goods fit the ordinary purpose for which goods are usedwarranty of merchantibility


FBLA Advisor
Citrus High School
Inverness, FL

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