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 95 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
:D TYSM


Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library