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Signed into law by President Gerald Ford on January 4, 1975. The Magnuson–Moss Warranty Act (P.L. 93-637) is a United States federal law (15 U.S.C. § 2301 et seq.). Enacted in 1975, the federal statute governs warranties on consumer products. The law does not require any product to have a warranty (it may be sold "as is"), but if it does ...
Lemon law protection arises under state law, with every U.S. state and the District of Columbia having its own lemon law. [1] Although the exact criteria vary by state, new vehicle lemon laws require that an auto manufacturer repurchase a vehicle that has a significant defect that the manufacturer is unable to repair within a reasonable amount of time. [2]
In American slang, a lemon is a car that is found to be defective after it has been bought. Akerlof's theory of the "Market for Lemons" paper applies to markets with information asymmetry, focusing on the used car market. Information asymmetry within the market relates to the seller having more information about the quality of the car as ...
Reckitt & Colman Ltd v Borden Inc 1 All ER 873, – also known as the Jif Lemon case – is a leading decision of the House of Lords on the tort of passing off. The Court reaffirmed the three part test (reputation and goodwill, misrepresentation, and damage) in order to establish a claim of passing off. Background per Slade LJ: Reckitt, sold lemon juice under the name "Jif Lemon" which came in ...
Products. Electric and Gas Ranges. Revenue. $32,500,000 - $35,000,000. Number of employees. 100 to 249. The Peerless-Premier Appliance Company is an appliance manufacturer located in Belleville, Illinois, United States, that manufactures kitchen ranges for residential use.
Home appliance. A home appliance, also referred to as a domestic appliance, an electric appliance or a household appliance, [1] is a machine which assists in household functions [2] such as cooking, cleaning and food preservation. The domestic application attached to home appliance is tied to the definition of appliance as "an instrument or ...
The Illinois Manufacturers' Association (IMA) is a trade association for manufacturing companies in Illinois. It bills itself as "the oldest and largest statewide manufacturing trade association in the United States." Based in Oak Brook, Illinois, and founded in 1893 by businessmen opposed to legislation limiting the working hours of women, IMA ...
Law of Illinois. The law of Illinois, a state of the United States, consists of several levels, including constitutional, statutory, and regulatory law, as well as case law and local law. Illinois state law is promulgated under the Illinois State Constitution. The Illinois Compiled Statutes (ILCS) form the general statutory law.