Which of the following is true of how an implied warranty of merchantability is created?
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 a contract.

Question

Quizplus · Accepted Answer

An implied warranty of merchantability is created by law if the seller or lessor is deemed a merchant, which means they are in the business of selling or leasing goods. It is not made by the buyer or lessee, and it does not have to be explicitly expressed in a contract. If the seller or lessor is a nonmerchant, no implied warranty of merchantability exists.

Which of the Following Is True of How an Implied