Which of the following is true regarding implied warranties? A) One of the implied warranties of quality imposed under the Uniform Commercial Code (UCC) is the implied warranty of merchantability. B The courts do not favor implied warranties. Implied warranties are absolute. The seller cannot include a clause in the sales contract that excludes implied warranties.

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter17: Making Decisions With Uncertainty
Section: Chapter Questions
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Which of the following is true regarding implied warranties?
A One of the implied warranties of quality imposed under the Uniform Commercial Code (UCC) is the implied
warranty of merchantability.
B
O
The courts do not favor implied warranties.
Implied warranties are absolute.
The seller cannot include a clause in the sales contract that excludes implied warranties.
Transcribed Image Text:Which of the following is true regarding implied warranties? A One of the implied warranties of quality imposed under the Uniform Commercial Code (UCC) is the implied warranty of merchantability. B O The courts do not favor implied warranties. Implied warranties are absolute. The seller cannot include a clause in the sales contract that excludes implied warranties.
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