Warranties That Have No Limits of Noncoverage Are Called ________

question 259

Multiple Choice

Warranties that have no limits of noncoverage are called ________ warranties.

• A)guaranteed
• B)full
• C)implied
• D)coverage
• E)express

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Definitions:

Attaches

The process or moment when a legal right, interest, or lien is officially joined or connected to property or assets.

Secured Interest

A legal claim or lien on assets which is established to secure payment or performance of an obligation.

Default

Failure to fulfill a legal obligation, especially failing to make a required payment or perform a contractual duty.

Court Order

A directive issued by a judge that requires a party to do or abstain from doing something.