The Owner of a Fish Market Determined That the Average

question 18

Multiple Choice

The owner of a fish market determined that the average weight for a rainbow trout is 3.2 kilograms with a standard deviation of 0.8 kilogram.A citation rainbow trout should be one of the top 2% in weight.Assuming the weights of rainbow trout are normally distributed,at what weight (in kilograms) should the citation designation be established?

• A) 4.84 kilograms.
• B) 5.20 kilograms.
• C) 7.36 kilograms.
• D) 1.56 kilograms.

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Definitions:

Parol Evidence Rule

A common law rule which states that oral evidence of an agreement made prior to or contemporaneously with a written agreement is inadmissible when the parties intend to have the written agreement be the complete and final version of their agreement.

Express Warranty

An explicit promise made by a seller about the quality or functionality of a product or service, forming part of the contract.

Warranty Of Trade Usage

An implicit guarantee that a product or service conforms to the customary standards and practices in a particular industry or trade.

Fitness For A Particular Purpose

A warranty in sales law that goods will meet the specific request of the buyer.