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Juanita earned a B.S. in engineering and went to work for a large defense contractor in a small town in California. When the government cut spending, Juanita and 99 others were laid off. The only other business in the town is growing grapes to be made into raisins, but the growers refuse to hire laid-off engineers, knowing they will leave at the first opportunity. The unemployment Juanita is experiencing is:
Fitness for a Particular Purpose
A warranty that a product will meet the specific needs or criteria outlined by the buyer at the time of purchase.
Merchantability
Refers to the guarantee that a product sold meets reasonable expectations of quality and usability for its intended purpose.
Implied Warranties
Legal guarantees that ensure a product meets certain minimum standards of quality and functionality, even if not expressly stated.
Implied Warranties
Legal guarantees automatically granted to a purchaser by law, ensuring that a product meets certain minimum quality standards.
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