As-is, where-is and inspection

Surplus goods usually sell as-is and where-is. These two terms move most of the risk to you. What the terms mean - As-is: you buy the item in its present condition, with all its faults. Do not expect a warranty or a return unless the terms of the sale give one. - Where-is: the item stays where it is…

The rest of this lesson is for learners enrolled in the course. See how Buy government surplus at auction works