In Order for the Implied Warranty of Merchantability to Be

question 8

Multiple Choice

In order for the implied warranty of merchantability to be applied,which of the following is required?

• A)Both parties must be merchants and a sale,not a lease,must be involved.
• B)The seller must be a merchant and a sale,not a lease,must be involved.
• C)The seller must be a merchant,and either a sale or lease must be involved.
• D)Both parties must be merchants,and either a sale or lease must be involved.
• E)The seller must be a merchant,goods valued at over $500 must be involved,and either a sale or lease must be involved.

---

Definitions:

Leadership Effectiveness

measures the extent to which a leader is successful in achieving desired outcomes, influencing others, and fulfilling leadership roles and responsibilities.

Leader Traits

Inherent characteristics or qualities that contribute to an individual's effectiveness and style in leadership roles.

CEO

Chief Executive Officer, the highest-ranking individual in a company or organization, responsible for making major corporate decisions.

Top Management Team Intelligence

The collective cognitive ability and knowledge levels of the top leadership group within an organization, affecting decision-making and strategic outcomes.