Author Question: An implied warranty will consist of A) both a warranty of merchantability and a warranty of ... (Read 254 times)

vicky

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An implied warranty will consist of
 
  A)
 
  both a warranty of merchantability and a warranty of fitness for purpose.
  B)
 
  only a warranty of merchantability.
  C)
 
  only a warranty of fitness for purpose.
  D)
 
  neither a warranty of merchantability nor a warranty of fitness for purpose.

Question 2

The primary difference between a warranty and a guarantee is that
 
  A)
 
  a warranty is in writing; whereas, a guarantee is only a verbal agreement.
  B)
 
  a warranty is a legal agreement; whereas, a guarantee is a non-enforceable understanding between a buyer and seller.
  C)
 
  a warranty lasts longer than a guarantee.
  D)
 
  there is no difference between a warranty and a guarantee.



heyhey123

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Answer to Question 1

A

Answer to Question 2

D



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