Examlex

Solved

Which of the Following Is Not True of NAFTA

question 108

Multiple Choice

Which of the following is not true of NAFTA?


Definitions:

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.

Related Questions