Kathleen Tells Martin That She Is Purchasing a Horse from Him

question 71

Multiple Choice

Kathleen tells Martin that she is purchasing a horse from him for breeding. If Kathleen later discovers that the horse is incapable of breeding she can

• A) rely on the implied warranty of fitness to recover the purchase price.
• B) do nothing.
• C) rely on the express warranty of fitness to recover the purchase price.
• D) None of these choices is correct.

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Definitions:

Innovation

is the introduction of new ideas, products, services, or processes that create value for businesses, customers, or society.

Innovation Process

A series of steps that includes the generation, development, and implementation of new ideas or products.

Identifying Advantages And Disadvantages

The process of assessing the positive and negative aspects of different options or decisions.

Implementation And Diffusion

The actions taken to put a strategy or innovation into effect and its subsequent spread within a population or system.