Which of the Following Is Not a Present Covenant Contained

question 11

Multiple Choice

Which of the following is not a present covenant contained in a general warranty deed?

• A) covenant of seisin
• B) covenant of quiet enjoyment
• C) covenant of right to convey
• D) covenant against encumbrances

---

Definitions:

Perfect Competition

A market structure where many companies sell products that are identical to each other and no single firm can influence the market price.

Price Discrimination

A pricing strategy where a seller charges different prices for the same product or service to different customers, not based on costs but on what the seller believes each customer can afford or is willing to pay.

Single-Price Monopoly

A market structure where a single seller sells a unique product in the market and does not charge different prices to different consumers for the same product.

Monopolist's Profits

The excess earnings a monopolist achieves by being the sole provider of a product or service, which allows for pricing above marginal cost.