An Implied Warranty Is Created Rather Than Stated by the Parties

question 28

True/False

An implied warranty is created rather than stated by the parties or written in a contract.

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Definitions:

Perceive Change

The process of recognizing and understanding changes in one’s environment, situation, or in organizational context.

Organizations

Structured groups of people working together towards shared objectives.

Quality Improvement

Ongoing efforts to enhance products, services, or processes to increase satisfaction among users and stakeholders.

Organizational Success

The achievement of the goals and objectives set by an organization through effective strategies and efficient operations.