Figure 10-12 
-Refer to Figure 10-12. Which of the following is an appropriate label for Line 1?
Definitions:
Implied Warranty Of Merchantability
An assurance that a product is fit for the ordinary purposes for which such products are used, even if not expressly stated.
Merchant
A person or business that sells goods or services to consumers.
Consumer Goods
Products and services that are purchased or consumed by individuals or households for personal use.
Implied Warranty Of Fitness
An assurance, not explicitly stated, that the goods sold will be suitable for the purpose for which the buyer intends to use them.
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