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According to the European Directive on the sale of consumer goods, the German state must change the law for contracts between private buyers and commercial firms until end of year. In cases of defects sellers are liable for two years; for six months after delivering lack proving need no longer...
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to the requirements of FIN 45. First, because firms use warranty policies as a business strategy to promote their … products, a warranty reserve can serve two roles: an information signal regarding product quality as well as a contingent … liability. Consistent with this view, we find that the stock market recognizes that: (1) the warranty reserve contains …
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Signaling strategies which sellers of high quality securities, goods, or services employ to differentiate their securities or products from those of lower quality include: (1) developing a reputation for high quality, (2) certification by a respected third party (e.g., underwriters, bond rating...
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According to the European Directive on the sale of consumer goods, the German state must change the law for contracts between private buyers and commercial firms until end of year. In cases of defects sellers are liable for two years; for six months after delivering lack proving need no longer...
Persistent link: https://www.econbiz.de/10013357761
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