Fred Goes to Carla,a Knowledgeable Dog Breeder,and Tells Her That

question 60

Multiple Choice

Fred goes to Carla,a knowledgeable dog breeder,and tells her that he wants to get a dog that will be good with small children.Carla sells Fred a dog.When Fred takes the dog home,it bites both his small children and causes them serious injuries.Fred can sue Carla for breach of

• A)an express warranty.
• B)an implied warranty of fitness for a particular purpose.
• C)an implied warranty of merchantability.
• D)a warranty of title.

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Definitions:

Corporate Governance

A system of rules, practices, and processes by which a company is directed and controlled, focusing on balancing the interests of a company's stakeholders.

Chief Executive Officer

The Chief Executive Officer (CEO) is the highest-ranking executive in a company, whose primary responsibilities include making major corporate decisions, managing the overall operations and resources of a company, and acting as the main point of communication between the board of directors and corporate operations.

Fabricated

Something that is made up or constructed; often referring to information or data that is falsely created or manipulated.

Profit Statement

A financial document detailing a company's revenues, expenses, and net profit over a specific period.