Seller,a Merchant,sells and Delivers 1,000 Units of Product X to Buyer.Later,it

question 29

Multiple Choice

Seller,a merchant,sells and delivers 1,000 units of product X to Buyer.Later,it is discovered that product X infringes upon a patent owned by XYZ,Inc.Further,all 1,000 units of product X were subject to a security interest in favor of RST Corp.Buyer sues the Seller for breach of warranty.In this situation,which of the following is true?

• A) Seller wins; there was no warranty given in this transaction.
• B) Seller wins; the only relevant warranty was one of title,and the seller had good title to the goods.
• C) Buyer wins; there is a breach of the warranty of no infringements only.
• D) Buyer wins; there is a breach of both the warranty of no infringements and of no security interests.

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Definitions:

Financing

The process of providing or obtaining funds for business activities, making purchases, or investing.

Initial Cost

The original expenditure for purchasing an asset or starting a project, excluding maintenance or operating costs.

Project Analysis

The examination of the various aspects of a project, including costs, revenue, risks, and benefits, to assess its viability and potential for success.

Net Present Value

A financial metric that calculates the value of a project or investment in today's dollars by discounting future cash flows to the present.