What is a characteristic of an implied warranty?
A) Imposed by law
B) Sellers must repair, without cost to the buyer, defective goods
C) Sellers must refund the purchase price of defective goods
D) All of the above
Correct Answer:
Verified
Q11: What term describes a contract to sell
Q12: Under the UCC, who is a merchant?
A)
Q13: What is an example of a merchant?
A)
Q14: What is merchantability?
A) Fitness for ordinary use
B)
Q15: What is an example of puffing?
A) A
Q17: According to UCC 2-20, what contract must
Q18: To satisfy Article 2's Statute of Fraud,
Q19: What term describes the goods delivered to
Q20: What term describes the right of a
Q21: The Uniform Commercial Code is a collection
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