Implied Warranties Cannot Arise from a "Course of Dealing

question 7

True/False

Implied warranties cannot arise from a "course of dealing."

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Definitions:

Auction Without Reserve

An auction at which the auctioneer cannot withdraw goods unless no bid is made within a reasonable time.

Auctioneer

A person who conducts sales at auctions by accepting bids and declaring goods sold.

Highest Bid

The highest price offered by a bidder at an auction or in a competitive bidding process.

Firm Offer

A rule that no consideration is necessary when a merchant agrees in writing to hold an offer open for the sale of goods.