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Which of These Is NOT Needed in Order for a Sales

Question 30

Multiple Choice

Which of these is NOT needed in order for a sales contract or lease contract to contain an implied warranty of merchantability?


A) The seller or lessor is a merchant.
B) The seller or lessor is a merchant in goods of the kind involved in the contract or lease.
C) The goods involved in the contract or lease are valued for more than $1,000.
D) The implied warranty of merchantability was not properly disclaimed.

Correct Answer:

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