Examlex
Two chips are drawn at random and without replacement from a bag containing four blue chips and three red chips. Find the probability of drawing two red chips. A)
B)
C)
D)
Negligently Designed
Refers to a product that was created without due care, leading to a potential risk of harm to the user.
Implied Warranty
An unwritten guarantee that the product sold meets certain criteria for usability and satisfaction.
Merchantability
A warranty, often implied by law, that goods sold are fit for the general purpose for which they are sold.
Fitness for a Particular Purpose
A legal warranty implying that a sold good is suitable for the specific use intended by the buyer, as made known to the seller at the time of purchase.
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