Which of the Following Is Recognized as a Term That

question 34

Multiple Choice

Which of the following is recognized as a term that cannot be easily classified under the Sale of Goods Act?

• A) implied term
• B) innominate term
• C) condition
• D) warranty

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Definitions:

Immediate Rivals

Competitors operating in the same market space, offering similar products or services to the same customer base.

Layout Design

The process of arranging physical resources in a space, such as machinery or equipment in a factory, to optimize workflow and efficiency.

Inventory Requirements

The specific amount and type of stock or materials a business needs to maintain to fulfill customer orders efficiently.

Personnel Levels

The number of staff members employed in a business or organization, which can be adjusted based on workload and operational requirements.