Author Question: A warranty imposed by law that promises that goods are of proper quality and fit for the ordinary ... (Read 71 times)

APUS57 · **on:** Aug 3, 2018

A warranty imposed by law that promises that goods are of proper quality and fit for the ordinary purposes for which such goods are used is

a. an express warranty.
b. an implied warranty of merchantability
c. an implied warranty of fitness for a particular purpose.
d. an implied warranty of expression.

Question 2

Which of the following is typically not included in an HUD-1 Settlement Sheet?

A. A listing of the costs associated with the settlement and mortgage loan
B. The buyer's and seller's affidavits
C. The broker's commission
D. The appraisal fees and credit reports