Which of the Following Is Not Necessary in Order for the Implied

question 107

Multiple Choice

Which of the following is not necessary in order for the implied warranty of fitness for a particular purpose to apply to a sale of goods?

• A) The seller knows or has reason to know of the buyer's intended use of the good.
• B) The seller is a merchant.
• C) The seller states that the goods will serve the purpose of the buyer's intended use.
• D) The buyer relies on the seller's skill and judgment.
• E) The goods are purchased.

---

Definitions:

Implementing Instantaneously

The action of putting into effect or executing a plan or process without any delay.

Effectiveness

The degree to which an action, policy, or method achieves its intended outcome or result.

Predictable Lags

Delays between the implementation of monetary or fiscal policy and the observable effects of such actions on the economy.

Eliminate Inflation

The goal of reducing the rate of increase in the general price level of goods and services to zero.