In Its Most Basic Form, a _____ Is Defined as a Promise

question 41

Multiple Choice

In its most basic form, a _____ is defined as a promise or representation made by the seller, which, if necessary, can be legally enforced.

• A) statement of fact
• B) Verbal agreement
• C) verbal agreement
• D) warranty
• E) buyer's right of rejection

---

Definitions:

Real Estate

Property consisting of land and the buildings on it, along with its natural resources.

Social Guests

Individuals who are invited to visit someone's home or attend a private function or gathering without any expectation of providing a service or receiving payment.

Licensees

Individuals or entities that are granted permission to do certain things by another’s leave, such as occupying or using someone’s property.

Negligent Defendants

Individuals or entities being sued in civil court for harm caused by their failure to act as a reasonable person would have.