Generally, the Implied Warranties of Merchantability and Fitness for a Particular

question 58

True/False

Generally, the implied warranties of merchantability and fitness for a particular purpose cannot be disclaimed.​

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Definitions:

Foreign Exchange Market

A global decentralized or over-the-counter market for trading currencies, determining the foreign exchange rates for every currency.

Triangle Arbitrage

A riskless profit strategy that takes advantage of discrepancies between three foreign currencies in the forex market.

Spot Market

A market where financial instruments or commodities are traded for immediate delivery, as opposed to future or forward delivery.

Forward Market

A market in which participants agree to trade a financial instrument or physical commodity for future delivery at a specified price.