Difference between revisions of "Service contract"
(Created page with "Service contract is w hen the buyer pays an extra amount and the seller agrees to fix anything that goes wrong for a set time period. ==Definition== According to Princi...") |
|||
| Line 1: | Line 1: | ||
| − | [[ | + | A [[service contract]] is when the buyer pays an extra amount and the seller agrees to fix anything that goes wrong for a set time period. |
| + | |||
==Definition== | ==Definition== | ||
According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | ||
:[[Service contract]]. The buyer pays an extra amount and the seller agrees to fix anything that goes wrong for a set time period. | :[[Service contract]]. The buyer pays an extra amount and the seller agrees to fix anything that goes wrong for a set time period. | ||
| − | |||
[[Category: Economics]][[Category: Articles]] | [[Category: Economics]][[Category: Articles]] | ||
Latest revision as of 21:48, 2 June 2020
A service contract is when the buyer pays an extra amount and the seller agrees to fix anything that goes wrong for a set time period.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Service contract. The buyer pays an extra amount and the seller agrees to fix anything that goes wrong for a set time period.
