Which of the Following Statements Is True of Implied Warranty

question 95

Multiple Choice

Which of the following statements is true of implied warranty of merchantability?

• A) It states that the product being sold is the safest one that can be produced with the scientific knowledge available.
• B) To meet the standard of merchantability, the product must be adequately contained, packaged, and labeled as the agreement may require.
• C) This warranty is made even if the seller does not regularly sell that type of good.
• D) The Uniform Commercial Code considers contracts related to consumer goods that limit damages for injuries to a person as valid.

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Definitions:

Billing System

A combination of software and procedures that is used to issue and manage invoices and financial transactions for goods or services.

Cycle Billing

A system that sends invoices to groups of patients every few days, spreading the work of billing all patients over the month while billing each patient only once.

Patient

An individual who receives care or treatment from healthcare professionals, often within a clinical setting.

Emancipated

A legal status conferred upon minors whereby they assume autonomy for their personal and financial decisions prior to reaching the age of majority.