Which of the Following Is a Statement of Facts to Which

question 65

Multiple Choice

Which of the following is a statement of facts to which the Sale of Goods Act would apply?

• A) "Excuse me, there is a mouse in this beer bottle."
• B) "I asked for a trim! You've cut off four inches!!!"
• C) "I brought in five shirts to be laundered and you are returning only four to me!"
• D) "I agreed to give you a dozen old campaign buttons for that original signature of the Prime Minister, but received the signature of the Governor General."
• E) "Today is the closing date and I am willing to tender the full price in cash, namely $50,000, for the house, and you are now telling me that you have no intention of closing."

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Definitions:

Total Interest

The entire amount of interest paid over the life of a loan or financial product.

Graduation Present

A gift given to an individual in celebration of completing an educational milestone, such as graduating from school or university.

Retirement

The act of leaving one's job and ceasing to work, usually due to reaching a certain age or for health reasons.

Investment

The practice of investing funds with the view of accruing financial gains or income.