Examlex

Solved

Frank Bought Some Miniblinds

question 72

Multiple Choice

Frank bought some miniblinds. Although he did not receive a written warranty, the blinds should be expected to open and close properly. What kind of warranty does Frank have?


Definitions:

Certificate

A document serving as proof or evidence of ownership or entitlement, such as a certificate of stock, birth certificate, or certificate of completion.

General Partner

A partner in a partnership who has unlimited personal liability for the debts of the business and takes part in its day-to-day management.

Limited Partnership

A business structure where one or more partners have limited liability and are not involved in the day-to-day management, juxtaposed with at least one general partner who has unlimited liability.

RULPA

The Revised Uniform Limited Partnership Act, which is a statute that governs limited partnerships in the states that have enacted it.

Related Questions