Sean Has a Right Against Tanner and Assigns It for Value

question 1

Multiple Choice

Sean has a right against Tanner and assigns it for value to Megan. Later, Sean gives Tanner a release. Megan:

• A) will be unaffected by Sean's action.
• B) may recover damages from Sean for breach of an implied warranty.
• C) may recover damages from Tanner for breach of an implied warranty.
• D) has lost her right and has no remedy.

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Definitions:

ROI

Return on Investment, a measure used to evaluate the efficiency or profitability of an investment.

Percent

A way of expressing a number as a fraction of 100, symbolized by the percent sign (%).

Costing Approach

A method or strategy used to evaluate the expenses involved in producing a product or service, impacting pricing and budgeting decisions.

Direct Costs

Expenses that can be directly attributed to the production of specific goods or services, such as materials and labor.