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as is clause

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Custom Word As Is Contract
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Legal Dictionary

Main Entry: as is clause
Function: noun
: a clause in an agreement providing that the buyer accepts the item for sale in its presently existing condition without modification or repair
NOTE: Under Uniform Commercial Code section 2-316, an as is clause releases the seller from responsibility for the quality of the item for sale.
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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Custom Word As Is Contract
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