20:59
got a random stanford email and almost had a heart attack
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LSDefine
Simple English definitions for legal terms
nonconforming goods
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A quick definition of nonconforming goods:
Nonconforming goods are items that do not meet the agreed-upon specifications in a contract between a buyer and a seller. This means that the buyer has the right to reject the goods or revoke their acceptance. For example, if a buyer orders red shirts but receives blue shirts instead, those blue shirts are nonconforming goods.A more thorough explanation:
Definition: Nonconforming goods are products that do not meet the specifications agreed upon in a contract between a buyer and a seller. This allows the buyer to reject the goods or revoke their acceptance.
Example: If a buyer orders 100 red t-shirts from a seller, but the seller delivers 50 red t-shirts and 50 blue t-shirts, the blue t-shirts are nonconforming goods. The buyer can reject the blue t-shirts and demand a refund or replacement.
This example illustrates how nonconforming goods can cause problems for both buyers and sellers. Buyers may not receive the products they need, while sellers may have to deal with returns and lost profits.