Which of the warranties apply to merchants only?
Not what you're looking for?
Which of the following warranties apply to merchants only?
a. warranty of no infringements and warranty of merchantability
b. warranty of merchantability and warranties of quality
c. warranty of no security interests and warranty of merchantability
d. warranty of merchantability and warranty of fitness for a particular purpose
Purchase this Solution
Solution Summary
Based on the list of warranties, this solution discusses which of the warranties apply to merchants only e.g. warranty of no infringements, warranty of merchantability, warranties of quality, warranty of no security interests, etc.
Solution Preview
1. Which of the following warranties apply to merchants only? a. warranty of no infringements and warranty of merchantability b. warranty of merchantability and warranties of quality c. warranty of no security interests and warranty of merchantability d. warranty of merchantability and warranty of fitness for a particular purpose
Best Answer: d. warranty of merchantability and warranty of fitness for a particular purpose
Why? The law recognizes two basic kinds of warranties for the merchant e.g., implied warranties and expresses warranties.
Implied warranties are unspoken, unwritten promises, created by state law, that go from you, as a seller or merchant, to ...
Purchase this Solution
Free BrainMass Quizzes
Change and Resistance within Organizations
This quiz intended to help students understand change and resistance in organizations
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Lean your Process
This quiz will help you understand the basic concepts of Lean.
Business Processes
This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking