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Which of the Following Is Based on a Change in Intention

question 41

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Which of the following is based on a change in intention?


Definitions:

Warranty Of Assignability

A warranty of assignability assures that a contractual right or interest can be transferred or assigned to another party.

Common Law

A legal system based on custom and court rulings as opposed to written laws passed by a legislature.

Assignor

An individual or entity that transfers rights or interests in a contract to another, known as the assignee.

Implied Warranty Of Merchantability

An assurance, inferred in every sale unless clearly disclaimed, that merchantable goods will conform to a reasonable performance expectation for goods of their kind.

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