Define: Factory Sealed
Factory Sealed means a closed, sealed or packaged item, in ready-for-sale condition with all seals intact.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Factory Sealed means a closed, sealed or packaged item, in ready-for-sale condition with all seals intact.
Relevant Circumstances
- Buying and selling physical goods
- Distribution of products
- Licensing of goods with specific quality requirements
- Business transactions where product integrity is crucial