Joseph decides he no longer needs his matching couch and loveseat that both have pull-out beds in them. Joseph's next door neighbor buys Joseph's furniture for $1,500. Does an implied warranty of merchantability apply in this case?
A) Yes, because the couch and loveseat are consumer goods.
B) Yes, because the couch and loveseat were valued over $500.
C) No, because Joseph is not a merchant buying goods in the ordinary course of business.
D) No, because the purchaser must have purchased or leased the goods from a merchant.
E) Not unless formal title to the couch and loveseat was transferred to Joseph.
Correct Answer:
Verified
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