A warranty of merchantability means that
A) the buyer has the right to expect that the good is of the same quality as similar goods in its class.
B) the good should prove suitable for the purpose it was purchased.
C) the buyer should pay no more for the good than must be paid for similar goods in its class.
D) within a period of time immediately following the sale of the good there is a money-back guarantee if not fully satisfied.
Correct Answer:
Verified
Q1: The Mail Order Merchandise Rule covers
A)all purchases
Q3: According to Internet Fraud Watch,the most common
Q4: The statement,"This is the best buy in
Q5: Net replacement cost is equal to
A)actual market
Q6: The primary difference between a "warranty" and
Q7: An "as is" sticker on a car
Q8: Written warranties are regulated by Congress under
Q9: A financial intermediary that functions as an
Q10: A warranty of merchantability promises that
A)the good
Q11: Which of the following statements is false?
A)An
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