This topic contains a solution. Click here to go to the answer

Author Question: A warehouse receipt may be either negotiable or nonnegotiable. Indicate whether the statement is ... (Read 61 times)

dejastew

  • Hero Member
  • *****
  • Posts: 562
A warehouse receipt may be either negotiable or nonnegotiable.
  Indicate whether the statement is true or false

Question 2

In 1992, Mark Cummings entered into a contract with Asilomar, a licensed contractor, to construct a single-family home. Asilomar substantially completed construction by June 2, 1992. Cummings then occupied the home until November 1998, when he sold the property to the Maycocks. After moving into the home, the Maycocks experienced problems with the residence. They noticed movements in the slab and walls throughout the home, as well as buckling in walls and sagging and cracking of the garage floor. In September 2000, Tom Thomas, a civil engineer hired by the Maycocks to evaluate the property, concluded that the unusual movements in the structure indicated inadequate compaction of the backfill soils during construction. The Maycocks filed suit against Asilomar in January 2001, alleging negligence and breach of express and implied warranties. Asilomar says that since it did not sell the home to the Maycocks it is not liable, and that there has been too much time that has passed to allow the Maycocks to recover.
 A)Asilomar is excused from liability because the Maycocks were not the original dwellers in the home.
 B)Asilomar is liable for the problems because the Maycocks were the owners of the home after it was built.
 C)Asilomar is not liable because the implied warranty of habitability expires after one year.
 D)The implied warranty of habitability ends after it is owner occupied.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cassie_ragen

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

TRUE

Answer to Question 2

B




dejastew

  • Member
  • Posts: 562
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

For a complete list of videos, visit our video library