Which of the Following Is One of the Terms Implied

question 18

Multiple Choice

Which of the following is one of the terms implied into contracts for the sale of goods by operation of the sale of goods legislation?

• A)When goods are delivered that have not been previously examined by the buyer the buyer must accept the goods even though they have not had a reasonable opportunity to examine them.
• B)If the goods contain a hidden defect that only becomes apparent after some time or use and the defect was present at the time of delivery, the seller will not be in breach of the contract and the buyer will not be entitled to terminate the contract or obtain a refund.
• C)The buyer will not be deemed to have accepted goods even though they have been delivered to the buyer and the buyer performs an act in relation to them inconsistent with the seller's ownership.
• D)The buyer will be deemed to have accepted the goods if, after the lapse of a reasonable time, the buyer retains the goods without intimating to the seller that the buyer has rejected them.

---

Definitions:

Keynesian Economics

A theory that advocates for increased government expenditures and lower taxes to stimulate demand and pull the global economy out of depression.

Downward Rigidity

A situation in economics where wages or prices are resistant to decrease even in conditions where they logically should, such as during a recession.

Classical Model

An economic theory emphasizing that markets function best without government interference, focusing on long-term growth by ensuring goods and labor markets are in equilibrium.

Aggregate Supply

The sum of all products and services that enterprises in an economy expect to sell during a defined time span.