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  2. Pre-purchase inspection - Wikipedia

    en.wikipedia.org/wiki/Pre-purchase_inspection

    A pre-purchase inspection is an independent, third-party professional service that evaluates a vehicle’s condition before a purchase offer is made.Consumer protection organizations such as the Federal Trade Commission, [1] the American Bar Association, [2] insurance companies, and states recommend an independent pre-purchase inspection.

  3. Equine prepurchase exam - Wikipedia

    en.wikipedia.org/wiki/Equine_prepurchase_exam

    In horse trading, an equine prepurchase exam is an examination of a horse requested by the buying party prior to the purchase, in order to identify any preexisting problems which may affect a horse's future performance and reduce buyer risk.

  4. Pre-shipment inspection - Wikipedia

    en.wikipedia.org/wiki/Pre-shipment_inspection

    Pre-shipment inspection (also preshipment inspection or PSI) is a part of supply chain management and an important quality control method for checking the quality of goods clients buy from suppliers. PSI helps ensure that production complies with the governing specification, contract, or purchase order. A final random inspection (FRI) checks ...

  5. Inspection - Wikipedia

    en.wikipedia.org/wiki/Inspection

    A vehicle inspection, e.g., an annual inspection, is a necessary inspection required on vehicles to conform with laws regarding safety, emissions, or both. It consists of an examination of a vehicle's components, usually done by a certified mechanic.

  6. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    The successful sale of another house may be needed to finance the purchase of a new one. Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a fair market value determined by an appraisal. Lenders will often not lend more than a certain percentage (fraction) of the appraised value, so ...

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  9. First article inspection - Wikipedia

    en.wikipedia.org/wiki/First_article_inspection

    Typically, a supplier performs the FAI and the purchaser reviews the report. The FAI process usually consists of fully testing and inspecting either the first part produced by the new process or a sample from the first batch of parts. First article inspection is typically a purchase order requirement of the purchaser for the supplier to complete.

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