A promise made by a seller to a buyer
that is legally enforceable. The promise may
be expressed or implied and is legally binding.
Warranty of Fitness for a Particular Purpose
Warranty of Merchantability
See Implied Warranty of Merchantability.
Salvageable materials that are damaged,
defective, deteriorated, or residue from
operations with little or no market value. The
selling expenses exceed the value, and the
materials are discarded. See also: Hazardous
Material (HAZMAT), Scrap.
The act of getting rid of
A list of critical items that have been
identified as high-risk areas and that are
ranked by likelihood and priority. The items on
the list should be those identified in risk
assessments as having the greatest
unacceptable impact on a program and/or
A transportation record that shows the
origin of a shipment, its destination, and may
contain other information such as route,
consignor, consignee, description of the
shipment, and the billing amount.
Broadcast of an audio and/or video
presentation over the internet in real time or
The total combined weight of an
article, its shipping container, and packing
material. (ISM 2000)