Which of the Following Is Needed in Order for the Implied

question 82

Multiple Choice

Which of the following is needed in order for the implied warranty of merchantability to be applied?

• A) Both parties must be merchants and a sale must be involved.
• B) Both parties must be merchants, and either a sale or lease may be involved.
• C) The seller must be a merchant and a sale must be involved.
• D) A seller or lessor must be a merchant, and either a sale or lease may be involved.
• E) The seller must be a merchant, goods valued at over $500 must be involved, and either a sale or lease may be involved.

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Definitions:

Behavioural Component

The aspect of attitudes which pertains to the way we act or behave towards an object or situation.

Autonomic Arousal

The activation of the autonomic nervous system, which can result in physiological reactions such as increased heart rate or sweating, often due to stress or excitement.

Physiological Component

Refers to the aspects of processes, functions, and activities of living organisms that can be measured and studied.

Cognitive Component

In psychology, the aspect of attitude that involves a person’s beliefs or knowledge about an object, person, or situation.