Examlex
Which of the following is not true of NAFTA?
Merchantability
A warranty that goods sold will be of average quality, fit for the general purpose for which they are sold.
Implied Warranty
A legal term for assurances that are not explicitly stated but are assumed in the sale of goods or services, ensuring certain minimum standards.
Merchantability
A warranty that goods sold will be of satisfactory quality and fit for the purpose for which they are sold.
Warranty of Merchantability
A guarantee implied by law that a product sold will meet certain quality and performance standards.
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