Difference between revisions of "Service contract"

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(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...")
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Revision as of 21:29, 2 June 2020

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 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.