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In legal contexts, the phrase "as is" is used in contracts, agreements and sales transactions. [ 6 ][ 7 ] It is used to disclaim some implied warranties for an item being sold. Certain types of implied warranties must be specifically disclaimed, such as the implied warranty of title. "As is" denotes that the seller is selling, and the buyer is ...
The business owners proposed a number of actions they would take if they were in the city's shoes, including establishing a grant or some sort of financial relief for businesses who can show they ...
Cons. Reduced profit: Homes sold as-is generally fetch a lower price, due to the anticipated repair costs the buyers will have to shoulder. Skipping the repairs saves you money on the front end ...
The economist Alex Tabarrok has argued, that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.
February 5, 2024 at 3:26 PM. The Neshaminy Mall, once a powerhouse of Lower Bucks County retail, is for sale “as is,” according to a real estate listing. The fixer-upper, owned by Brookfield ...
Sales letter are a special form of advertising, aiming to sell company’s goods and services. Sales letter must be arouse interest, sound convincing, create a desire and encourage the reader to take action. Write in a positive, convincing style but don't be aggressive. Present advantages and benefits to the reader.
According to Mackeurtan, Purchase and sale (emptio venditio) is a mutual contract for the transfer of possession of a thing in exchange for a price. It has three essentials: consent (consensus ad idem); a thing sold (merx); and a price (pretium). [ 8 ] Remember that a sale contract is a special form of contract, and so all law discussed under ...
Title retention clause. A retention of title clause (also called a reservation of title clause or a Romalpa clause in some jurisdictions) is a provision in a contract for the sale of goods that the title to the goods remains vested in the seller until the buyer fulfils certain obligations (usually payment of the purchase price).