Which of the Following Is False with Regard to the Implied

question 53

Multiple Choice

Which of the following is False with regard to the implied terms of the Sale of Goods Act?

• A) The Act provides that the goods must be fit for purpose, but to have that protection, the buyer must be dealing with a seller who deals in goods of that kind.
• B) If you ordered a lamp from a catalogue but it did not match the description when you got it, the seller is in breach of a condition of the contract.
• C) When you buy a car and the contract speaks only of the car and the price, you are entitled to receive good title, to acquire quiet possession, and a car free from any encumbrances (i.e., a claim by a bank).
• D) The Act provides that the goods must be of merchantable quality, which means that the goods must be without flaw.
• E) If a buyer places an order for silk after seeing a sample of it, the order delivered must match the sample.

Understand the principles of amortization and loan repayment schedules.

Apply financial knowledge to make informed decisions regarding investment and loan options.

Calculate the equivalent value of combined payments due at different times using given rates of return.

Understand and calculate the value of investments and loans with variable interest rates over time.

---

Definitions:

Oxidation

A chemical reaction in which a substance loses electrons, often associated with the gain of oxygen or the loss of hydrogen, leading to an increase in oxidation state.

Glucose

A simple sugar that is an important energy source in living organisms and is a component of many carbohydrates.

Electron Transfer Chain

A series of compounds that transfer electrons from electron donors to electron acceptors via redox reactions, and couples this electron transfer with the transfer of protons (H+ ions) across a membrane.

Reactant Glucose

A starting material in a chemical reaction, specifically glucose, which is a simple sugar that organisms use for energy.