Java Games: Flashcards, matching, concentration, and word search.

Chapter 14 Business Law Word List

AB
WarrantyAnother name for a guarantee
express warrantyAn oral or written statement, promise, or representation about the quality, ability or performance of a product
PufferySales talk
Full warrantyPromises to fix or repair a defective product at no cost to the consumer
implied warrantyA guarantee of quality imposed by law
warranty of fitness for a particular purposeCreated when the seller knows the purpose for which the goods are needed.
Warranty of MerchantabilityWarrants that the goods being sold are fit for ordinary purposes
Usage of tradeArises from the customary ways in which parties have dealt in the past.
warranty of titleincludes an implied promise that the goods will be delivered free from any lien, or claim by another.
Consequential damagesLosses that do not flow directly from an act but from some of the consequences or results of the act


Business Education
Tolland High School
CT

This activity was created by a Quia Web subscriber.
Learn more about Quia
Create your own activities