Which of the Following Is the Ethical Basis for Implied

question 68

Multiple Choice

Which of the following is the ethical basis for implied warranty of merchantability?

• A)Manufacturers would not sell a product if they had reason to believe that their product would harm consumers during normal use.
• B)Consumers would not consent to purchase a product if they had reason to believe that they would be harmed by it during normal use.
• C)Consumers understand products fully,and they are free to choose not to purchase certain things.
• D)A prudent business will never seek to limit its liability by explicitly disowning any promise or warranty.

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Definitions:

Exchange

The act of trading goods, services, currencies, or other instruments of value between parties.

Families

Families denote groups of individuals related by blood, marriage, or adoption, often living together and providing emotional and economic support to one another.

Specialization Of Labor

The practice of dividing labor into specific, narrowly defined tasks to increase efficiency and productivity.

Production

The process of creating goods or services using input resources like labor, materials, and technology.