First Principles of Business Law
Studying the law involves learning many new words and phrases. Read through the list below and check that you know what all these words and phrases mean.
Terms implied by legislation
Sale by description
Reciprocal obligations
Inspection and rejection
Patent or trade name
Consumer
‘In trade or commerce’
Merchantable quality
Ownership and 'quiet possession'
You will find other words and phrases explained in the glossary in the First Principles of Business Law textbook.