„As Is“

What does As Is stand for?

Indicates goods for sale do not include a warranty , implied or expressed; the buyer takes the entire risk as to the quality or condition of the goods involved and must trust to his own inspection. In sum, the sale is “without recourse”.

Source:

Mallor, Jane P., Barnes, A. James, Bowers, L. Thomas, and Langvardt, Arlen W. “Business Law: The Ethical, Global, and E-commerce Environment.” 15th Edition. McGraw-Hill/Irwin, 2012.

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