Showing posts from 2009Show all

Car warranty

A car warranty extends from a minimal 1 year, more common 3 year and extended 5 years. While some car manufacturers have gone as far as 10 years. Crate En…

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U.S.A & Canada

In retail business, a warranty (or "extended warranty") commonly refers to a guarantee of the reliability of a product under conditions of ordin…

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Breach of warranty

A warranty is violated when the promise is broken; when goods are not as should be expected, at the time the sale occurs, whether or not the defect is app…

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Lifetime warranty

A lifetime warranty is usually a guarantee on the lifetime of the product on the market rather than the lifetime of the consumer[3] (the exact meaning sho…

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Warranty of Title

Sometimes confused an as implied warranty, the warranty of title is not an implied warranty but a warranty wherein the seller of goods warrants that he ha…

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Implied warranty

An implied warranty is one that arises from the nature of the transaction, and the inherent understanding by the buyer, rather than from the express repre…

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Express warranty

An express warranty is a guarantee from the seller of a product that specifies the extent to which the quality or performance of the product is assured an…

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Warranty Management

In commercial and consumer transactions, a warranty is a collateral assurance or guarantee that certain facets of an article or service sold is as factual…

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Financial Instruments

Financial Instruments There are several types of financial instruments commonly used. Forwards One way to deal with the Forex risk is to engage in a forwa…

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Retail forex

Retail forex In financial markets, the retail forex (retail off-exchange currency trading or retail FX) market is a subset of the larger foreign exchange …

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Not beating the market

Not beating the market The foreign exchange market is a zero sum game[7] in which there are many experienced well-capitalized professional traders (e.g. w…

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Forex scam

Forex scam A forex (or foreign exchange) scam is any trading scheme used to defraud traders by convincing them that they can expect to gain a high profit …

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Special Drawing Rights

Special Drawing Rights SDRs are defined in terms of a basket of major currencies used in international trade and finance. At present, the currencies in th…

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Digital gold currency

Digital gold currency Digital gold currency (or DGC) is a form of electronic money based on ounces of gold. It is a kind of representative money, like a U…

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Imperialism in Asia

Imperialism in Asia Imperialism in Asia traces its roots back to the late fifteenth century with a series of voyages that sought a sea passage to India in…

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Dollar Diplomacy

Dollar Diplomacy Dollar Diplomacy is the term used to describe the effort of the United States particularly under President William Howard Taft to further…

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Dollar hegemony

Dollar hegemony Dollar hegemony is a term coined by Henry C.K. Liu to describe the US dollar in the global economy. Liu popularized the term in a widely c…

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World Currency Unit

World Currency Unit The World Currency Unit (WCU) is an indexed unit of account (unit of account) that stands for a unit of real global purchasing power. …

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Economic difficulties

Economic difficulties Some economists argue that a single world currency is unnecessary, because the U.S. dollar already provides many of the benefits of …

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Economic difficulties

Economic difficulties Some economists argue that a single world currency is unnecessary, because the U.S. dollar already provides many of the benefits of …

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