Ralph Walters Wanted to Begin an Exercise Program and Decided

question 95

Multiple Choice

Ralph Walters wanted to begin an exercise program and decided to enroll in a local aerobics class.He was told that he would need proper aerobic work-out shoes.Ralph went to an athletic shoe store and explained his needs to the sales clerk and also added that since he had never done aerobics,he was unsure what type of shoe he would need.The sales clerk recommended a shoe that Ralph purchased.When Ralph arrived at aerobics class,his instructor said his shoes were not appropriate for aerobics and that Ralph might injure himself if he used them for the workout.When Ralph returned to the store with the shoes,the store refused to exchange them,citing the three-day limitation on returns.Suppose Ralph's sales receipt had stamped on it in red letters "AS IS." The shoe store:

• A)has breached the implied warranty of fitness for a particular purpose and is required to refund Ralph's money or exchange the shoes.
• B)is within its rights to refuse to take the shoes back.
• C)has not breached any warranty since Ralph had no contract with any promises written in it.
• D)none of the above

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Definitions:

Collective Bargaining

The negotiation process between employers and a group of employees aimed at reaching agreements to regulate working conditions.

National Labor Relations Act

A foundational statute of US labor law that guarantees workers the right to form unions, engage in collective bargaining, and take collective action such as strikes.

Sherman Act

A foundational antitrust law in the United States, enacted in 1890, aimed at preventing monopolistic practices and promoting competition.

Clayton Act

A U.S. antitrust law enacted in 1914 aimed at promoting competition and preventing monopolies by prohibiting certain practices that could lead to anti-competitive behavior.