To Specifically Disclaim an Implied Warranty of Fitness for a Particular

question 34

True/False

To specifically disclaim an implied warranty of fitness for a particular purpose, a seller or lessor must mention the word fitness.

---

Definitions:

Multiple Suppliers

A sourcing strategy where a company uses various suppliers to mitigate risks and ensure a steady supply of products or components.

Bullwhip Effect

The increasing fluctuation in orders that often occurs as orders move through the supply chain.

Orders Decrease

A situation where the number of orders for products or services is reducing, potentially impacting company revenue and production planning.

Unique-Event

A singular occurrence that is distinct in nature, not expected to repeat under normal circumstances.