Asked by
Economist Bonface
on Nov 27, 2024Verified
A warranty that the law derives by inference from the nature of a transaction or the relative situations or circumstances of the parties is
A) an express warranty.
B) an implied warranty.
C) a warranty of title.
D) not a warranty.
Implied Warranty
An unwritten and unspoken guarantee that a product or service will meet a minimum standard of quality and functionality.
Inference
The process of reasoning and drawing conclusions based on the evidence or premises provided.
Transaction
The act of conducting business, typically involving the exchange of goods, services, or funds between parties.
- Comprehend the principle of warranty and distinguish between express and implied warranties.
Verified Answer
FJ
Learning Objectives
- Comprehend the principle of warranty and distinguish between express and implied warranties.