Consumer Leases

question 44

Multiple Choice

Consumer leases:

• A) must always be evidenced by a writing.
• B) are always three- party transactions.
• C) require the lessor to make all usual warranties made by a seller in a sale of goods..
• D) all of these.

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Definitions:

Trade Name

The name under which a business operates and is known to the public, differing from the legal name of the business.

McCormick

A company known for producing spices, herbs, and flavoring products for the food industry.

Singer

A person who performs songs using their voice, which can vary across a wide range of music genres.

Exclusive Agents

Individuals or companies that have the sole right to sell or represent a vendor's products or services in a specific market.