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procedural unconscionability

in the terms of the contract compare substantive unconscionability NOTE: Procedural unconscionability is based on factors, such as consumer ignorance or a great deal of unexplained fine print, that serve to deprive a party of a meaningful

magnuson- moss warranty act

magnuson- moss warranty act A federal statute requiring that written warranties to consumer products must fully and conspicuously disclose the terms and conditions of the warranty in simple, readily understood language.

lease

use of goods for a term in return for consideration.” build·ing lease : ground lease in this entry consumer lease : a lease made by a lessor regularly engaged in the selling or leasing of a product

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Middle-man

Middle-man, an intermediary between wholesale merchants and retail dealers; a distributor from producer to consumer.

Appropriate laboratory

Appropriate laboratory, means a laboratory or organisation-(i) recognised by the Central Government; (ii) recognised by a State Government, subject to such guidelines as maybe prescribed by the Central Government in this behalf; or (iii) any such...

lien waiver

lien waiver A document that releases a consumer (homeowner) from any further obligation for payment of a debt once it has been paid in full. Lien

Commercial purpose

Commercial purpose, 'Commercial' denotes 'pertaining to commerce'; it means 'connected with, or engaged in commerce; mercantile; having profit as the main aim' whereas the word 'commerce' means 'financial transactions especially buying and selling of merchandise, on...

Good manufactured or produced

the expression 'goods manufactured or produced' must refer to articles which are capable of being sold to a consumer. Union Carbide India Ltd. v. Union of India, AIR 1986 SC 1097: (1986) 2 SCC 547. (Constitution of

Maximum demand

The phrase should not be given two different meanings, one for the licensee and the other for the consumer asking for the maximum demand, The Sihor Electricity Works Ltd. v. Gujarat Electricity Board, AIR 1969 SC 770:

Meaning or connotation of words and phrases

be construed in the sense in which they are understood in the trade, by the dealer and the consumer, Delhi Cloth and General Mills Co. Ltd. v. State of Rajasthan, AIR 1980 SC 1552: (1980) 4 SCC

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