Colin Had Been Having Trouble with Wild Animals

question 15

Multiple Choice

Colin had been having trouble with wild animals.He asked the sales associate at Hardware Sales what kind of motion detection light would be best to install in his pump house.According to the Sale of Goods Act,Colin should expect a light that

• A)would not be restricted by the usual exemption clauses.
• B)will need careful installation for the product to be warranteed.
• C)meets his description.
• D)requires skill and labour for installation,therefore is not protected by the Act.
• E)is reasonably fit for the purpose.

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Definitions:

Total Utility

The sum satisfaction or benefit a consumer receives from consuming a particular quantity of a good or service.

Homogeneous Products

Homogeneous products are products that are considered identical by consumers and are indistinguishable in terms of quality, appearance, and performance.

Marginal Utility

The additional satisfaction or utility a consumer receives from consuming one more unit of a good or service.

Movie Rental

A service that allows consumers to borrow movies for a limited period of time for a fee.