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The Code Requires That the Affirmations, Promises, or Descriptions the Seller

question 19

True/False

The Code requires that the affirmations, promises, or descriptions the seller makes be relied on by the buyer to be an express warranty.


Definitions:

Property Taxes

Levies imposed by local governments on real estate owners based on the value of their property to fund public services such as schools, roads, and emergency services.

General Fund

The primary operating fund of a governmental entity, used to account for all financial resources except those required to be accounted for in another fund.

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