Question
Vehicle Wholesale Company and Walt's Retail Motors enter into a contract for a sale of used cars. Vehicle Wholesale assures Walt's that it has valid
Vehicle Wholesale Company and Walt's Retail Motors enter into a contract for a sale of used cars. Vehicle Wholesale assures Walt's that it has valid title to the vehicles. Under the UCC, warranties of title arise
@automatically in most sales contracts.
??only if the seller expresses such a warranty.
only if the buyer asks for such a warranty.
only in conjunction with lease contracts, not sales contracts.
Store Outfitters Company and Towncraft retail stores enter into a contract for a lease of cash registers. Store Outfitters assures Towncraft that it has valid title to the goods. Under the UCC, a warranty of title arises
only if the lessee asks for such a warranty.
only in conjunction with sales contracts, not lease contracts.
only if the lessor expresses such a warranty.
automatically in most lease contracts.
Home Remodelers, Inc., and Imogen enter into a contract for a sale of cabinets and countertops. Home Remodelers, a merchant who deals in goods of the kind sold, notes that its goods come with an implied warranty of merchantability. Under the UCC, this means that the goods are reasonably
@fit for the ordinary purpose for which such goods are used.
??fit for the buyer's particular purpose.
suitable for resale at an acceptable price.
the best quality that money can buy.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started