Which of the following is true of an implied warranty of merchantability?
A) It is made by the buyer or lessee.
B) It is implied by law if the seller or lessor is a nonmerchant.
C) It is implied by law if the seller or lessor is a merchant.
D) It has to be explicitly expressed in the contract.

Question

Quizplus · Accepted Answer

An implied warranty of merchantability is implied by law if the seller or lessor is a merchant. It assures that the product is reasonably fit for its ordinary purpose, adequately packaged, labeled, and conforms to any promises or affirmations made on the label or container. It is not made by the buyer or lessee, and does not have to be explicitly expressed in the contract.

Which of the Following Is True of an Implied Warranty